5607 Pacific Ave Stockton, CA 95207
- Medical offices
- 3,500 SF
- 0.13 lot acres
Current Use by Public Records
- Aspen Dental / Dentist
Property Details for 5607 Pacific Ave
- Year built
- 2022
- Lot size
- 0.13 lot acres
- Property size
- 3,500 SF
- Property type
- Medical offices
- Property subtype
- Medical space
- APN
- 108-130-310-000
- APU
- 108130310000
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 3,500 square foot Aspen Dental storefront in Stockton, CA. Located on a hard-corner, signalized intersection at Pacific Ave and Robinhood Dr, this property benefits from high visibility and over 42,200 vehicles per day. The building is an outparcel to the 175,000 square foot Stonecreek Village Shopping Center, surrounded by major retailers including Macy's, Target, and Best Buy. Its proximity to San Joaquin Delta College (18,000+ students) and the University of the Pacific (6,000+ students) further enhances its desirability. The property features a 10.3-year net lease with Aspen Dental, a leading national dental provider, commencing May 15, 2022, and expiring August 31, 2032, leaving 7.8 years remaining. The lease includes 10% rental increases every five years and two five-year options. The asking price is $3,000,000, representing a 5.35% cap rate and a price per square foot of $857.14. The property boasts a 0.13-acre lot size and a Net Operating Income (NOI) of $161,000. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment in a thriving California market with minimal landlord responsibilities and long-term stable cash flow. The property's 2022 construction includes a long-term roof warranty. The APN is 10813031.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.317
- Latitude
- 38.0007
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
