Marcus & Millichap has been selected to exclusively market for sale 4283 N Wilson Way, Stockton, CA 95205. The property is comprised of two (2) small bay industrial buildings totaling ± 45,000 square feet on ± 2.57-acres of land. The first building has a total of ten (10) units, which are ± 1,500 square feet each. The second building has a total of eighteen (18) units; twelve (12) of the units are ± 1,500 square feet each and six (6) of the units are ± 2,000 square feet each. Next, the location of the asset provides tenants with easy access to Highway 99 and Downtown Stockton. Additionally, the adjacent ± 4.55-acre parcel of land is currently in the process of obtaining permits to begin construction on a new retail development which has already signed an agreement with Chevron and Starbucks. This new development will positively impact the subject property by revitalizing the surrounding area and attracting more consumer traffic.Since the buildings were constructed in 1979, the same family has owned and operated the property without the use of a property management company. The buildings are currently 100% occupied with tenants who are all on month-to-month "handshake" agreements. The current in-place rents average rents $0.34/SF/Month (Gross), which is approximately 121% below the market lease rate of $0.75/SF/Month (Gross). The property benefits from low operating expenses due to the water being pulled from a well and the sewage being attached to septic. There have been no capital improvements completed in the recent years, which creates an opportunity for the next owner to add value to the property. Additionally, there is a large amount of excess yard space on the side of building (2b), which could be used for outdoor storage and provide additional revenue to the owner.In summary, the offering presents an extremely rare, value-add industrial investment opportunity with a clear path to upside by completing capital improvements and raising rents to the market rate. Additionally, the subject property will positively benefit from the adjacent ± 4.55-acre retail development that will be breaking ground in the near future.