7-Eleven | Brand New Construction
3230 West Lane, Stockton, CA 95204
Price: $6,185,000
Status: Available
Cap Rate: 4.85%
Year Built: 2025
NOI: $300,000
Lot Size: 1.04 acres
Price Per Foot:
Lease Type: Absolute NNN
Remaining Term: 15 Years
GLA: 4,088 sqft
Property Intro
Lee & Associates is pleased to present a brand new 100% leased, single-tenant 7-Eleven corporate NNN property in Stockton, California. This high-traffic asset is strategically located at the signalized, hard-corner intersection of West Lane and East Alpine Avenue—one of Stockton’s busiest thoroughfares with traffic counts exceeding 44,000 CPD. Backed by a corporate lease from 7-Eleven (S&P Rated A), the property offers a secure and passive income stream with scheduled rent increases every five years and 3 five-year extension options.
The property is positioned in a densely populated area with nearly 157,000+ residents within a 3-mile radius and over 9,000 people employed within a 1-mile radius. With a hybrid mix of retail and trade area demand, the location benefits from both daytime employment traffic and a robust residential base. The area’s demographic strength includes an average household income exceeding $94,379 within a 1-mile radius, supporting long-term demand for convenience retail.
Stockton ranks as the 6th largest city in California and is part of the 5th largest combined statistical area (San Jose–San Francisco–Oakland–Stockton CSA). Proximity to major employment generators such as St. Joseph’s Medical Center, University of the Pacific, Oak Park Regional Sports Complex, and Stockton 99 Speedway further drive traffic and sales volume for the tenant.