Investment Overview

The Hammer Ranch Shopping Center, located at 7610-7616 Pacific Ave, Stockton, CA, is an outstanding value-add retail investment opportunity priced at $3,400,000 with a cap rate of 7.17%. This 16,970 square foot retail center sits on a 2.31- acre lot and is fully leased to five established tenants including Shogun, LA Castle Nails, Royal Indian Restaurant, United Cerebral Palsy, and Dental Source. With a Weighted Average Lease Term (WALT) of ~3 years and the majority of tenants having been at the location for over 13 years, the property demonstrates strong tenant commitment and long-term stability. Stockton’s dynamic economy and strategic location make this an attractive investment. As a key commercial hub in San Joaquin County, Stockton benefits from a diverse economy with growth in sectors such as agriculture, manufacturing, and retail. The Hammer Ranch Shopping Center’s prominent position on Pacific Avenue, a major commercial corridor, ensures high visibility and consistent foot traffic, enhancing its value and appeal. Additionally, the center benefits from strong demographic support with an average household income of around $110,000 within a 1-mile radius. This robust local demographic profile underscores the property’s potential for sustained retail performance and potential future profitability.