Freestanding Dollar Tree
For Sale
Contact for pricing
Pending
1209 E March Lane, Stockton, CA 95210
8,000 SF Dollar Tree on March Lane, Stockton, CA
Property Size8,000 SF
Lot Size0.91 Acres
Days on Market105
Property Features for 1209 E March Lane
General Information
Standard status
Pending
Size
8,000 SF
Lot size
0.91 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Building Details
Year Renovated
2013
Tenancy
Single
Listing Agency:
Rt Yee & Associates, Inc
Listed By:
Thomas Yee · License #CA 01222976
Source:
Crexi
Added: May 19
Changed: Aug 19
Last Checked: Aug 19 at 12:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rt Yee & Associates, Inc
Investment Insights
Based on property information with market context.
The property is a freestanding Dollar Tree store located on E. March Lane in Stockton, CA. It features an 8,000 square foot building situated on a 39,640 square foot lot. The current annual base rent is $121,992 on a triple net (NNN) lease. The tenant is responsible for taxes and insurance, with common area maintenance (CAM) expenses capped at approximately $10,000 annually. The lease is set to expire on January 31, 2029, and includes one 5-year option at fair market rents. The landlord retains responsibility for the roof and structure of the building.
Key Highlights
- Freestanding Dollar Tree store
- Current annual base rent of $121,992 NN
- Tenant responsible for taxes and insurance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$95,083
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,901,660
$1.9M
Cap Rate 7%
$1,358,329
$1.4M
Cap Rate 9%
$1,056,478
$1.1M
Market Conditions
NOI Build-Up for 8,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$136.3K $17.04/SF
− Vacancy
−$9.5K −$1.19/SF
EGI
$126.8K $15.85/SF
− OpEx
−$31.7K −$3.96/SF
NOI
$95.1K $11.89/SF
Area
ZIP 95210
Vacancy
7.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,901,660
Cap Rate 7%
$1,358,329
Cap Rate 9%
$1,056,478
Alternative Uses
Best Use
Specialty Retail
$1.36M
$1.19M – $1.58M
NOI $95,083 @ 7.0% cap · market cap 5.09%
Second Best
Retail
$1.10M
$960.8K – $1.28M
NOI $76,860 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $122,976 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95210, CA
41,378
Population
12,623
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
74%
High-School Grad
7.6 sq mi
ZIP Area
5,444
Density / Sq Mi
$65,411
Median Household Income
$35,658
Median Earnings
$1,450
Median Rent
$336,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Calaveras Square — 1019 E March Ln, Stockton, CA 95210
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 8,000 SF Dollar Tree on March Lane, Stockton, CA
Where is this grocery and convenience store located?
The property is located at 1209 E March Lane Stockton, CA.
What is the asking price?
The asking price for this property is $1,866,500.
What are key features of this property?
This property features: Freestanding Dollar Tree store; Current annual base rent of $121,992 NN; Tenant responsible for taxes and insurance
