Listing Summary
100% occupied commercial NNN property for sale in Downtown Stockton, CA. $126,606 NOI, 9.70% Cap Rate, 5,300 SF medical/retail building with passive income streams. Contact Anchor Point Capital.
Full Description
Prime Two-Tenant NNN Investment Opportunity | Downtown Stockton, CA
High-Yield Passive Income | 9.70% Cap Rate | 100% Occupied
Anchor Point Capital is pleased to present a premier commercial real estate investment opportunity in the heart of Downtown Stockton, California. This fully occupied, multi-tenant net-leased asset offers strong passive cash flow with built-in rent growth, backed by resilient, internet-resistant service tenants.
Positioned in a dense infill market within California's 11th largest city, this property is ideal for investors seeking high yield, minimal landlord responsibilities, and long-term equity growth.
Key Investment Highlights
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Exceptional Financial Returns: High-performing 9.70% Cap Rate generating an annual Net Operating Income (NOI) of $126,606.
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Fully Leased & Passive Management: 100% occupied by two healthcare-related tenants under a Triple-Net (NNN) lease structure, where tenants directly pay for taxes, CAM, and insurance.
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Essential, Internet-Resistant Tenants:
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Hardin Animal Hospital: Includes 2% annual rent increases to hedge against inflation.
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Jubilee Adult Day Care: Operating on below-market rents, offering future value-add upside potential.
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Bonus Revenue Stream: Features additional income from an onsite billboard sign, boosting overall annual yield.
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Capital Improvements: Class B asset, extensively renovated in 2020, featuring a secure gated parking area.
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Prime Transit & Access: Convenient proximity to Interstate 5 and CA-99—the Central Valley’s primary corridors—as well as Interstate 215, exposing the location to over 99,000 vehicles per day (VPD).
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Dense Infill Growth Market: Located in a bustling trade area with over 274,000 residents within a 5-mile radius. Surrounding local developments include 623 single-family homes and 842 multi-family units underway.
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Strong Civic Anchors: Situated near key local drivers including the San Joaquin County Courthouse, Downtown Transit Center, and Weber Point Events Center.
Property & Financial Overview
| Detail |
Specification |
| Property Type |
Commercial Retail / Office / Medical Office |
| Gross / Net Rentable Area |
5,300 SF |
| Lot Size (Acreage) |
0.23 Acres |
| Occupancy |
100% (2 Units) |
| Cap Rate |
9.70% |
| NOI |
$126,606 |
| Lease Type |
Triple-Net (NNN) |
| Rent Increases |
Yes (Built-in Annual Bumps) |
| Building Class & Year Renovated |
Class B |
| Zoning |
Downtown Commercial |
| APN |
149-091-04 |
Location Overview: Downtown Stockton, CA
Stockton serves as the economic hub of San Joaquin County and continues to experience rapid residential expansion and infrastructure development. The property’s central placement in Downtown Stockton ensures steady foot traffic and continuous demand for essential daily-needs services like veterinary care and adult day care services.
Contact Information
For additional details, financial offerings, or to request the full Offering Memorandum (OM), please contact:
Ned Skinner
Anchor Point Capital
Email: nskinner@anchorpointcapital.com
Quick Glance
- Listing ID:
CL-California-28077
- Status:
Active
- Year Build:
N/A
- Building Size:
5,300 SqFt
- Lot Size:
0 Acr
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