For Sale | O’Reilly Auto Parts

6404 Pacific Avenue | Stockton, CA
Retail
$3,199,000

• Location of Retail — Located on Pacific Avenue; Stockton’s Primary Retail Trade Area. Major Retail hubs on Pacific Avenue include Sherwood Mall, Weberstown Mall, and Lincoln Shopping Center.

• Recent Term Extension — O’Reilly Auto Parts recently extended their lease term by 10 years and increased their rent by 5% ,proving a strong commitment to this location.

• History of Operation— Originally Kragen Automotive, O’Reilly
has been in operation at this location since 1994 and will have been at this location for 35 years by the end of the base term.

• Ideal Position — On the corner of Pacific Avenue (38,000 ADT) and Douglas Road; a high-traffic and signalized intersection.

• Dense Residential — Property is surrounded by ±278,719 residents within a 5-mile radius.

• Improvements —Parking Lot in good condition. New roof installed in 2014 (5 years of warranty remaining).

Sale Price:
$3,199,000
Parcel Size:
±1.10 Acres
Cap Rate:
5.42%
NOI:
$173,379
Tenant Lease Type:
NN

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