- For Sale $2,133,334
- Property Type Retail - Freestanding
- Property Size 20,300 SF
- Units 1
- Lot Size 0.9 Acre
- Parking Spaces Avail. 37
- Parking Ratio 3.00 / 1,000 SF
- Property Tenancy Single Tenant
- Year Built 1964
- Year Renovated 2018
- Date Updated May 16, 2026
Description
Stockton, CAThe Ballesteros Team is pleased to announce for sale 2318 S Airport Way in Stockton, a single tenant net leased Family Dollar consisting of a 20,300 SF building on a 0.90 AC lot. Family Dollar has 2 years left to go on an initial 10 year term with four (4) five (5) year options remaining.
Highlights
- 10-Year long term initial lease with 2 years remaining on the current term with 4 X 5 year options.
- 5.8% rent increase for 1st option then 10% increases in remaining three option periods.
- Corner lot with ample parking.
- Easy access to Interstate 5.
- Landlord responsible for roof & structure.
- Located in CA Opportunity Zone.
- Priced far below replacement cost.
- Top performing Family Dollar (Corporate Guaranteed Tenant) with a very low monthly Rent/SF of $0.66.
- While leasing the whole building, Family Dollar not necessarily utilizing the full 20,300 SF. Potential future opportunity to renegotiate with FD and lease second unit to another tenant.
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Contacts
Joshua Ballesteros
NAI Northern California
Location
Located at 2318 S Airport Way, Stockton, CA 95206, this property is part of the Seven Oaks neighborhood and Central Valley market.
Contact Listing Broker
Joshua Ballesteros
NAI Northern California
