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32034642
32034630

4232 East Main Street, Stockton, CA 95215

MC
CA CA 01079185
andersenjung
JR
CA 01991746
andersenjung
Listed by andersenjung
$4,325,000
47 days on market
Updated 25 days ago

High Performing DG Market in Prime Stockton, CA Location!

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 16,668
Units 81
Cap Rate 7.71%
NOI $333,245
Occupancy 100%
Tenancy Multi
Brand/Tenant Dollar General
Lease Type Net
Lease Expiration 08/31/2028
Remaining Term 2.2
Rent Bumps Yes
Lease Options Three, 5-Year
Price per SqFt $259
Year Built 1950
Year Renovated 2011
Buildings 1
Stories 1
Acreage 3.970
Zoning C-C
Parking Spaces 81 spaces
Parking Per SqFt 4.86
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/04/2011
Ground Lease No
Sale Condition N/A

Turnkey Net-Leased Investment – DG Market Stockton, CA

Marketing description

Turnkey Net-Leased Investment – DG Market Stockton, CA

Andersen, Jung & Co. is pleased to present the opportunity to acquire a high-performing Dollar General Market located in the heart of Stockton, California. This asset offers investors long-term stability with a corporate-guaranteed NN lease and minimal landlord responsibilities, making it an ideal addition to any income portfolio. Situated on a highly visible retail corridor, the property benefits from strong foot traffic, excellent frontage, and convenient access from major roads. As one of the few grocery-format Dollar General Markets in the region, this location draws consistent daily traffic and serves as a key resource for the surrounding community. The property is also leased to Watermill Express for additional income.

Potential development opportunity exists on the undeveloped land behind DG Market creating immediate and significant value-add without disrupting the existing tenants. Please inquire for additional information.

Whether you're a 1031 exchange buyer or a private investor seeking stable returns from an essential retail tenant, this opportunity offers long-term security and value in a rapidly developing market.

For additional information, please contact:

Jon Rockmore

415.845.4459

[email protected]

DRE #01991746

Monica Chung

415.699.0843

[email protected]

DRE #01079185

Investment highlights

  • Strong NN Lease w/Minimal Landlord Responsibilities
  • Current Lease Runs Through August 2028 w/Three, 5-Year Options Remaining
  • Rent Increased 10% Each Option
  • Corporate Guaranteed Lease
  • Property is also Leased to Watermill Express Creating Additional Income
  • Potential Development Opportunity w/o Disrupting Tenants for Significant Value-Add
  • Located in Stockton, CA - Strong Demos

Listing Contacts

MC
CA CA 01079185
andersenjung
JR
CA 01991746
andersenjung
Listed by andersenjung

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$333,245.00
$27,770.42/mo

Valuation Metrics

0
DSCR
7.71%
Cap Rate
7.71%
ROI

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Additional Information

Name
Monica Chung
License
01079185
Brokerage
Andersen, Jung & Co.
Title
Broker of Record
Name
Monica Chung
License
CA 01079185
Brokerage
Andersen, Jung and Co.
Brokerage Phone
4153971966
Title
Monica Chung
Brokerage Address
870B Taraval Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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