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13140101
13140102

5607 Pacific Ave, Stockton, CA 95207

EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
JS
CA 01360233
Colliers - Los Angeles - Orange County, California
AH
CA 01796017
Colliers - Stockton, California
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California, Colliers - Stockton, California
$3,000,000
980 days on market
Updated 9 days ago

Aspen Dental

Details
APN 10813031
Property Type Retail
Sub Type Storefront
Square Footage 3,500
Cap Rate 5.35%
NOI $161,000
Occupancy 100%
Tenancy Single
Brand/Tenant Aspen Dental
Lease Type Net
Lease Term 10.3
Lease Expiration 08/31/2032
Remaining Term 6.2
Price per SqFt $857
Acreage 0.130
Investment Type Net Lease
Lease Commencement 05/15/2022

Retail | 5.35% CAP | 3,500 SF

Marketing description

We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a brand-new construction, 10 year net leased investment, occupied by Aspen Dental corporate with 10% rental increases every 5 years and 2, 5 year options. The subject property is well positioned as an outparcel to the 175,000 SF Stonecreek Village Shopping Center (Lifestyle Center) and benefits from its hard corner signalized intersection location at Pacific Ave and Robinhood Dr which sees over 42,200 VPD. Additionally, directly across from the property is San Joaquin Delta College (18,000+ students) with University of the Pacific (6,000+ Students) within 1.5 miles. Nearby retailers include Macy’s, Target, Sprouts, HomeGoods, Best Buy, Walgreens, In-N-Out Burger, Panera Bread, Raising Cane’s, McDonald’s and more; making this one of the area’s most dynamic and visited retail destinations. This is an excellent opportunity to purchase a brand-new single tenant net lease investment, with long term stable cash flow, located near major retail traffic generators and minimal landlord responsibilities.

Investment highlights

  • New 10 Yr. NN Corporate Lease by Aspen Dental - Over 900+ Locations across U.S.

  • High Profile Outparcel to Stone Creek Village/Sherwood Mall - Dick’s/Petco/Best Buy

  • Best in Class Brand - One of the Largest Private Dental Tenants in Country

  • City won The All-America City Award (the National Civic League) - Affluent Bay Area

  • New 2022 Prototype Construction - Minimal LL Duties with Long Term Roof Warranty

  • Main Retail Trade Area Surrounded by Major Anchors - Near Delta College

  • Internet Resistant Service Use - Dense Residential Infill - Rare Central California Asset

Listing Contacts

EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
JS
CA 01360233
Colliers - Los Angeles - Orange County, California
AH
CA 01796017
Colliers - Stockton, California
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California, Colliers - Stockton, California

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$161,000.00
$13,416.67/mo

Valuation Metrics

0
DSCR
5.37%
Cap Rate
5.37%
ROI

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