Multi-Tenant Retail
New
For Sale
$775,000
1415 Rosemarie Ln, Stockton, CA 95207
Six suites provide a mix of occupied space and availability, with customer parking on site.
Property Size5,160 SF
Lot Size0.34 Acres
Price / SF$150.19
Days on Market2
Property Features for 1415 Rosemarie Ln
General Information
Standard status
Active
Size
5,160 SF
Lot size
0.34 Acres
Property subtype
Shopping Strip
Occupancy
64%
Additional Details
Traffic Count
8,169 vehicles/day
Amenities
Value-Add Opportunity (64% Occupied)
Short-Term MTM Leases (Opportunity to Reposition Rent Roll)
Current Ownership Has Completed Significant Capital Improvements, Including Exterior Paint, TPO Roof Overlay, Parking Lot Slurry Seal, And Wrought-Iron Fencing
Dense Population (164,000+ Within 3 Miles, 314,000+ Within 5 Miles)
Established Location (8,169 Vehicles Per Day on Rosemarie Lane)
Building Details
Building Size
5,160 SF
Year Built
1979
Tenancy
Multi
Listing Agency:
Sacramento Office
Listed By:
Dominic Mazzoni · License #License(s): CA: 02157192
(916) 724-1351
Source:
Marcusmillichap
Added: Oct 19
Last Checked: Oct 19 at 2:34PM
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 Sacramento Office
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Investment Insights
Based on property information with market context.
This six-suite retail center contains 5,160 square feet on a 0.34-acre parcel in Stockton. Built in 1979, it is 64% occupied by four local businesses, with two suites vacant. Current tenants include a catering kitchen, Jay Cutt Em’s Barbershop, Ink City and Keep It Lit Smoke Shop. Three of the four tenants have month-to-month arrangements; the catering kitchen’s lease runs through June 30, 2028. On-site customer parking serves the center.
The property fronts Rosemarie Lane, where approximately 8,169 vehicles pass daily. More than 164,000 people live within a three-mile radius, and the five-mile population exceeds 314,000. Stockton has access to Interstate 5 and State Route 99.
The property fronts Rosemarie Lane, where approximately 8,169 vehicles pass daily. More than 164,000 people live within a three-mile radius, and the five-mile population exceeds 314,000. Stockton has access to Interstate 5 and State Route 99.
Key Highlights
- 5,160‑square‑foot retail center on a 0.34‑acre parcel
- Six suites; four occupied and two vacant
- 64% occupied by four local businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,815
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,196,300
$1.2M
Cap Rate 7%
$854,500
$854.5K
Cap Rate 9%
$664,611
$664.6K
Market Conditions
NOI Build-Up for 5,160 SF
Gross rent
$92.9K $18.00/SF
− Vacancy
−$7.4K −$1.44/SF
EGI
$85.4K $16.56/SF
− OpEx
−$25.6K −$4.97/SF
NOI
$59.8K $11.59/SF
Area
ZIP 95207
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,196,300
Cap Rate 7%
$854,500
Cap Rate 9%
$664,611
Alternative Uses
Best Use
Retail
$854.5K
$747.7K – $996.9K
NOI $59,815 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,877 @ 7.0% cap · market cap 15.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
8,169 VPD
Traffic count
64%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,487
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95207, CA
52,465
Population
20,300
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
83%
High-School Grad
7.2 sq mi
ZIP Area
7,287
Density / Sq Mi
$68,767
Median Household Income
$38,463
Median Earnings
$1,549
Median Rent
$409,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- University Square — 4343 Pacific Ave, Stockton, CA 95207
- Venetian Gardens Square — 1425 W March Ln, Stockton, CA 95207
- Dillard's Store — 4950 Pacific Ave, Stockton, CA 95207
- Sunglass Hut — 4950 Pacific Ave #301, Stockton, CA 95207
- Weberstown Mall — 4950 Pacific Ave, Stockton, CA 95207
Frequently Asked Questions
What type of property is this?
Shopping center - Six suites provide a mix of occupied space and availability, with customer parking on site.
Where is this shopping center located?
The property is located at 1415 Rosemarie Ln Stockton, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 5,160‑square‑foot retail center on a 0.34‑acre parcel; Six suites; four occupied and two vacant; 64% occupied by four local businesses
