Restaurant For Sale • 16,970 SF
Prime Location in a Bustling Retail Hub – Situated along a highly trafficked retail strip in Stockton, the Hammer Ranch Center, anchored by Save Mart |
The property benefits from a diverse range of neighboring tenants: Starbucks, Smart & Final, Concentra Urgent Care, Michaels, Dollar Tree, Wells Fargo |
The property boasts a Weighted Average Lease Term of 2.8 yrs, indicating tenants are committed to maintaining their leases for the foreseeable future |
With the majority of tenants having been at the location for over 13 years, the property demonstrates a stable and reliable rental environment |
Hammer Ranch Shopping Center, is ideally suited to fit the Lincoln Village demographics, an area with a growing retail region and several retailers |
Cap Rate: | 7.62 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Stockton (Altamont Corridor Express - Altamont Commuter Express (ACE)) | 13 min | - | 6.5 mi |
Stockton (San Joaquins - Amtrak) | 14 min | - | 7.5 mi |
Airport | Drive | Walk | Distance |
Stockton Metro | 21 min | - | 11.2 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 40 |
Type: | Surface |
Included in Rent: | Yes |