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633 San Juan Ave

31,807 SF 100% Leased Industrial Building Stockton, CA 95203 £8,242,405 (£259/SF) 10.95% Net Initial Yield

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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	£8,242,405	Lot Size	1.91 AC
Price Per SF	£259	Rentable Building Area	31,807 SF
Sale Type	Investment NNN	Number of Floors	1
Net Initial Yield	10.95%	Year Built	1959
Sale Conditions	Sale & Leaseback	Parking Ratio	0.44/1,000 SF
Property Type	Industrial	Level Access 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	£8,242,405
Price Per SF	£259
Sale Type	Investment NNN
Net Initial Yield	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
Number of Floors	1
Year Built	1959
Parking Ratio	0.44/1,000 SF
Level Access 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.