Absolute NNN Lease with 9+ Years Remaining

Seasoned Rite Aid store located at 4774 West Lane in Stockton, California. Occupying 17,272 square feet on a 1.60 acre lot, Rite Aid has been operating at this San Joaquin County site for 15+ years, demonstrating a commitment to the location. Rite Aid's lease has over 9+ years remaining on the initial term and six, 5-year options to extend with rent escalations throughout.
The Property is situated in the heart of Stockton, at one of the busiest intersections in the city, with traffic counts of 45,000+ vehicles per day. It is also surrounded by numerous national tenants including Walmart Neighborhood Market, Dollar Tree, Jack in the Box, Popeye's, Jiffy Lube, Advance Auto Parts and many others. Additionally, The Property benefits from a strong medical presence in the neighborhood including Dignity Health St. Joseph’s Medical Center (355 beds) a mere few blocks away.

Stockton is a city located in the Central Valley of California, in the United States. It is the county seat of San Joaquin County. Stockton has a diverse economy with agriculture, transportation, and manufacturing playing significant roles. The city is known for its agricultural production, particularly in crops like cherries, asparagus, and tomatoes. Additionally, Stockton has a major port that handles goods transported on the San Joaquin River. The Port of Stockton is one of the largest inland seaports in California and serves as a vital gateway for goods moving to and from the Central Valley. It handles various commodities, including agricultural products, steel, and bulk materials. Stockton is well-connected by major highways, including Interstate 5 and State Route 99, making it accessible to the surrounding region. The city also has an Amtrak station and a transit system that includes buses and commuter rail.