Andrew Farhadi Of CJ Park & Associates Represents Buyer In $27M Retail Sale In Stockton
616 West Hammer Lane
$27,000,000
$188/SF
Building Size
142,957 SF
Asset Type
Retail
Closing
Dec 18, 2025
AI
The property asset is located at 616-760 West Hammer Lane in Stockton, identified as a retail property. The sale price was $27,000,000, and the total square footage of the asset is 142,957, which translates to a price per square foot of $188.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $27,000,000
- Buyer: Andrew Farhadi - CJ Park & Associates
- Seller: Brixton Capital
- Broker Representatives: Sean Cox & Kevin Fryman - Hanley Investment Group
- Date of Sale: 12/18/2025
Andrew Farhadi represented CJ Park & Associates in this transaction as the buyer, while Brixton Capital was the seller. The brokers facilitating this deal were Sean Cox and Kevin Fryman from Hanley Investment Group, showcasing their expertise in the retail market during this sale.
Players
Stockton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93