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3939 E Hammer Ln 23,500 SF Retail Building Stockton, CA 95212 $5,552,048 CAD ($236.26 CAD/SF) 6.25% Cap Rate
Executive Summary
Esta blished Commercial Asset: This 23,415 sq ft single-story retail property, built in 1999, is situated on 2.48 acres along East Hammer Lane-Stockton's major retail thoroughfare.
Prime Location with Strong Visibility: Located in a bustling commercial corridor, the property benefits from high traffic exposure and proximity to major thoroughfares, enhancing its appeal to tenants and customers alike.
Stable Long-Term Tenancy: The property is currently occupied by Flooring Liquidators, a reputable tenant specializing in flooring sales and installation, providing a reliable income stream for investors.
Prime Location with Strong Visibility: Located in a bustling commercial corridor, the property benefits from high traffic exposure and proximity to major thoroughfares, enhancing its appeal to tenants and customers alike.
Stable Long-Term Tenancy: The property is currently occupied by Flooring Liquidators, a reputable tenant specializing in flooring sales and installation, providing a reliable income stream for investors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,500 SF
Building Class
B
Year Built
1997
Price
$5,552,048 CAD
Price Per SF
$236.26 CAD
Cap Rate
6.25%
NOI
$347,003 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
2.12 AC
Zoning
C3, Stockton
Parking
60 Spaces (4.6 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,786,676 CAD | |
| Land Assessment | $2,108,836 CAD | Total Assessment | $4,895,512 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,108,836 CAD
Improvements Assessment
$2,786,676 CAD
Total Assessment
$4,895,512 CAD
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3939 E Hammer Ln
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