Grocery Retail Opportunity in
1588-1616 E March Ln Stockton, CA
1588-1616 E March Ln, Stockton, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Large retail space suitable for grocery business in Stockton, CA.
Property Size49,330 SF
Lot Size9.71 Acres
Price / SF$144.94
Days on Market538
Property Features for 1588-1616 E March Ln
General Information
- Standard status
- Active
- Size
- 49,330 SF
- Lot size
- 9.71 Acres
- Property subtype
- RETAIL
Listing agency
First Commercial Real Estate
(209) 471-6358
Listed by
Andy Le · License #CA 02110117
(209) 471-6358
Source
Moodyscre
Added: Jan 29, 2025 Updated: Jul 10 at 11:46AM Checked: Jul 21 at 5:21AM
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 First Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 1616 E March Lane in Stockton, CA, this property offers a prominent location previously occupied by grocery retailers such as S-Mart Foods and Cocos Food International Market. Constructed in 1990, the expansive space encompasses approximately 49,330 square feet on a 4.05-acre lot. The property is suitable for an owner-user looking to establish or expand their grocery business. The layout and ample parking are designed to support large-scale operations. Its General Commercial zoning provides versatility for a modern grocery store setup.
Key Highlights
- Expansive 49,330 sq ft space on a 4.05‑acre lot, ideal for large‑scale operations.
- High‑visibility location on E March Lane, previously occupied by successful grocery retailers.
- Ample parking designed to support a high‑volume grocery business.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $887.9k | $18.00 |
| − Vacancy | −$41.7k | −$0.85 |
| EGI | $846.2k | $17.15 |
| − OpEx | −$211.6k | −$4.29 |
| NOI | $634.7k | $12.87 |
49,330 SF · lease $18.00/SF/yr · vacancy 4.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$9.07M
$7.93M – $10.58M
NOI $634,655 @ 7.0% cap · market cap 8.88%
Second Best
Retail
$8.46M
$7.40M – $9.87M
NOI $592,345 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$13.34M
$11.67M – $15.56M
NOI $933,800 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
Similar Off Market Nearby
- Cocos Food — 1616 E March Ln, Stockton, CA 95210
- Cocos Food International Market — 1616 E March Ln, Stockton, CA 95210
- Calaveras Square — 1019 E March Ln, Stockton, CA 95210
FAQs
What type of property is this?
Grocery and convenience store - Large retail space suitable for grocery business in Stockton, CA.
Where is this grocery and convenience store located?
The property is located at 1588-1616 E March Ln Stockton, CA.
What is the asking price?
The asking price for this property is $7,150,000.
What are key features of this property?
This property features: Expansive 49,330 sq ft space on a 4.05‑acre lot, ideal for large‑scale operations.; High‑visibility location on E March Lane, previously occupied by successful grocery retailers.; Ample parking designed to support a high‑volume grocery business.
