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Pacific Town Center | Stockton, CA 616-760 W Hammer Ln 142,957 SF 100% Leased Retail Building Stockton, CA 95210 $38,541,352 CAD ($269.60 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- High-Performing, Grocery-Anchored Center with Strong Junior Anchors
- Ross Dress for Less (NYSE: ROST; S&P: BBB+; Investment Grade): New 10-year lease; tenant slated to open in October 2025
- Recent Leasing Momentum and Proven Operating History has Resulted in a Favorable WALT of 7.0 Years
- Smart & Final Extra!: Successfully operating for over 16 years at the subject property
- Chuze Fitness: New 15-year lease at a long-term sustainable rent
- Opportunity to Acquire a Recently Remodeled Center at Below Replacement Cost Offered at $193 PSF
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Aaron's
- Retailer
- 10,825 SF
- $16.75 CAD
- Triple Net
- Nov 2027
- Chuze Fitness
- Services
- 49,835 SF
- $15.36 CAD
- Triple Net
- Jul 2040
-
- Retailer
- 29,947 SF
- $20.94 CAD
- Triple Net
- Jan 2036
Since 1982, Ross' focus has been on bringing their customers a constant stream of high-quality department and specialty store brands at extraordinary savings (aka bargains) while providing an easy, fun and organized shopping experience. So what’s Ross' secret? Ross is big—as the nation’s largest off-price retail chain, Ross has a great deal of purchasing power. Ross is savvy—their buyers search the globe for the best brands and latest styles. Ross works directly with manufacturers to negotiate the best deals! Ross believes in “no frills”—no window displays, mannequins, fancy fixtures or decorations in their stores so they can pass more savings on to their customers. Ross loves new buys—they keep it simple so they can get the great buys into their stores quickly, which means almost every day!
-
- Retailer
- 30,004 SF
- $25.82 CAD
- Triple Net
- Jan 2029
With a history that spans more than 152 years, Smart & Final offers customers fresh produce, quality meats and groceries as well as more than 3,000 club-sized items to fit every budget and need. They are the smaller, faster grocery warehouse store – without the membership fee.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Aaron's | Retailer | 10,825 SF | $16.75 CAD | Triple Net | Nov 2027 | |
| Chuze Fitness | Services | 49,835 SF | $15.36 CAD | Triple Net | Jul 2040 | |
|
|
Retailer | 29,947 SF | $20.94 CAD | Triple Net | Jan 2036 | |
|
|
Retailer | 30,004 SF | $25.82 CAD | Triple Net | Jan 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 081-020-16 | Improvements Assessment | $11,688,760 CAD |
| Land Assessment | $6,438,118 CAD | Total Assessment | $18,126,878 CAD |
PROPERTY TAXES
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Pacific Town Center | Stockton, CA | 616-760 W Hammer Ln
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