633 San Juan Ave Stockton, CA 95203-2042

This exceptional Class A industrial property, located at 633 San Juan Avenue in Stockton, California, presents a compelling investment opportunity. The 31,807-square-foot building sits on a 1.91-acre lot (APN 133-380-03) and is currently 100% occupied under a 20-year sale-leaseback agreement. The tenant, a publicly traded leading cannabis company, Juva Life, has invested significantly in this state-of-the-art cultivation and distribution facility. The lease is a single-tenant, absolute NNN structure, minimizing owner responsibilities and maximizing passive income. This translates to a blended cap rate of 12.77% over the 20-year lease term, featuring attractive rent increases built into the agreement. The asking price for this exceptional property is $10,500,000. This is a rare chance to acquire a high-performing, low-maintenance industrial asset with a long-term, secure income stream. The property is zoned for distribution, warehouse, and manufacturing uses. The property's location in Stockton, CA, within San Joaquin County, zip code 95203 (37.9545605, -121.3214715), offers excellent access to transportation networks.