10408 Trinity Pkwy Stockton, CA 95219-7225
This exceptional investment opportunity presents a 17,673 square foot multi-tenant storefront in Stockton, CA, currently leased to Dollar Tree and See's Candies. Located within the high-traffic Park West Place power center, anchored by Target and Lowe's, this property boasts a strong 5.50% cap rate and a substantial NOI of $253,159. Built in 2007 on a 1.63-acre lot, the property benefits from a signalized entrance and excellent freeway access via I-5 (82,000 CPD). Both tenants have demonstrated long-term commitment, with Dollar Tree recently exercising a 5-year option. Dollar Tree, a top 5% performer nationwide, and See's Candies, a Berkshire Hathaway subsidiary, occupy this strategically located space within a dominant retail center attracting 6.8 million annual visitors (Placer.ai). The property features below-market rents averaging $14.34 per square foot, presenting significant upside potential. The surrounding area exhibits strong demographics, with an average household income exceeding $137,000 within a 1-mile radius and 98% population growth within a 3-mile radius from 2010 to 2020. This NNN-leased property offers a compelling investment opportunity with significant long-term growth potential. The asking price is $4,600,000. The property's APN is 066-020-200-000.
-
Dollar Tree Discount Store
-
See's Candies Specialty Food Shop Candy Store
-
Amazon Locker - Regi Courier Service Postal Service
-
See's Candy Quantity Discount Store Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.