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Shoe Store

Shoe Palace

554 N Wilson Way, Stockton, CA 95205

Listing Price: $2,054,000

Cap Rate
7.50%
Tenant Name
Shoe Palace
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
5,993
Lease Type
Double Net
Rent Per Square Feet
$25.70

Investment Overview

The offering provides investors an opportunity to acquire a retail building leased to Shoe Palace, a leading sneaker and streetwear retailer with a robust nationwide presence and solid corporate backing. The property benefits from excellent visibility as an outparcel to a shopping center anchored by Food 4 Less and Dollar Tree, ensuring daily foot traffic from shoppers visiting these established tenants. Stockton's growth as a key economic hub in California’s Central Valley further supports the long-term desirability of this location. With approximately five years remaining on the lease, predictable rental increases, and a tenant known for its stable financial profile, investors gain both immediate income and potential for value appreciation in a strategic retail corridor.

Investment Highlights

  • Outparcel to Major Anchored Center: Situated directly in front of a busy Food 4 Less and Dollar Tree-anchored shopping center, driving consistent daily traffic.
  • Predictable Income Growth: Built-in 4% rental increases every two years ensure steady income appreciation through the lease term.
  • Proven Retail Tenant: Shoe Palace, backed by JD Sports, operates over 200 stores nationally and benefits from strong brand recognition and financial stability.

Exclusively Listed By

Shoe Store

Shoe Palace

Listing Price: $2,054,000

Cap Rate
7.50%
Tenant Name
Shoe Palace
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
5,993
Lease Type
Double Net
Rent Per Square Feet
$25.70

Investment Highlights

  • Outparcel to Major Anchored Center: Situated directly in front of a busy Food 4 Less and Dollar Tree-anchored shopping center, driving consistent daily traffic.
  • Predictable Income Growth: Built-in 4% rental increases every two years ensure steady income appreciation through the lease term.
  • Proven Retail Tenant: Shoe Palace, backed by JD Sports, operates over 200 stores nationally and benefits from strong brand recognition and financial stability.

Investment Overview

The offering provides investors an opportunity to acquire a retail building leased to Shoe Palace, a leading sneaker and streetwear retailer with a robust nationwide presence and solid corporate backing. The property benefits from excellent visibility as an outparcel to a shopping center anchored by Food 4 Less and Dollar Tree, ensuring daily foot traffic from shoppers visiting these established tenants. Stockton's growth as a key economic hub in California’s Central Valley further supports the long-term desirability of this location. With approximately five years remaining on the lease, predictable rental increases, and a tenant known for its stable financial profile, investors gain both immediate income and potential for value appreciation in a strategic retail corridor.

Exclusively Listed By

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