Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

962 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

633 San Juan Ave

31,807 SF 100% Leased Industrial Building Stockton, CA 95203 $14,749,140 CAD ($464 CAD/SF) 10.95% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

State of the Art Building with high tenant investment into the property
Minimal owner responsibilities for a very-passive investment
Over 450 tons of top-of-the-line AAON HVAC

Long Firm Term with an attractive rent increases resulting in a 12.77% blended cap rate over the term of the 20 year lease
Four 350 KVA natural gas generators
Fertigation and filtration systems

Executive Summary

633 San Juan Avenue in Stockton, CA is a ±31,807 square foot Class A industrial building occupied by Juva Life Inc., one of the world’s most innovative cannabis companies. With a 20-year term in place, acquiring this sale leaseback at 633 San Juan Avenue provides a once-in-a-lifetime opportunity for an investor to get a high return on investment, with the peace of mind of having a successful long-term tenant in place.
633 San Juan Avenue in Stockton, CA is a class A industrial building with a 20-year long-term sale leaseback from a publicly traded tenant. The property is strategically located in the heart of Stockton’s industrial hub, directly across from the Port of Stockton, adjacent to the Department of Homeland Security & Department of Justice, and almost immediately off the W Fremont Street Exit of I-5.

633SanJuanAve-Stockton_BrochureV4

Property Facts

Price	$14,749,140 CAD	Lot Size	1.91 AC
Price Per SF	$464 CAD	Rentable Building Area	31,807 SF
Sale Type	Investment NNN	No. Stories	1
Cap Rate	10.95%	Year Built	1959
Sale Conditions	Sale Leaseback	Parking Ratio	0.44/1,000 SF
Property Type	Industrial	No. Drive In / Grade-Level Doors	2
Property Subtype	Manufacturing	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	B

Price	$14,749,140 CAD
Price Per SF	$464 CAD
Sale Type	Investment NNN
Cap Rate	10.95%
Sale Conditions	Sale Leaseback
Property Type	Industrial
Property Subtype	Manufacturing
Building Class	B
Lot Size	1.91 AC
Rentable Building Area	31,807 SF
No. Stories	1
Year Built	1959
Parking Ratio	0.44/1,000 SF
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.