For Sale | Absolute Net Leased Investment

3709 East Hammer Lane | Stockton, CA
Land/Development
$2,200,000
  • Absolute Net Leases with no landlord responsibilities (tenants pay all bills directly)
  • Great long-term hold with substantial upside upon expiration of leases
  • Strong retail trade area with Home Depot, Lowes and many others
  • Ability to convert the two ground leases to market building leases upon expirations
  • Three legal parcels allow for the flexibility to sell buildings off together or separately
  • Convenient access to Highway 99
Sale Price:
$2,200,000
Parcel Size:
1.43 Acres
Building Size:
6,700/11,500
Cap Rate:
4.0%
NOI:
$86,019
Tenant Lease Type:
Absolute Net Lease

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