Why Now is the Time to Develop in Lathrop

In business, you want to grow where the people are, and in California, that’s Lathrop. Located in San Joaquin County in the Central Valley, it’s the second-fastest-growing city in the state, with an annual growth rate of 6.7%. Its strategic location near Stockton, convenient access to the San Francisco Bay Area, affordable cost of living and scenic views along the San Joaquin River make Lathrop, CA, a prime destination for retail and commercial development.

The Stanford Crossing residential community in Lathrop, almost fully sold out and directly across the street from this commercial space, has been one of the more popular residential areas. It includes approximately 1,500 single-family homes with planned space for future apartments – positioning it as a key commercial opportunity in Lathrop and the greater San Joaquin County market.

Commercial Development Advantages

While some commercial development has already begun, there are still several excellent lots available and the city is streamlining the process.

• Prime Location: Lathrop is located right where I-5, I-205, and Highway 120 intersect, with easy access to the Bay Area, Sacramento and the Central Valley.
• Growing Consumer Base: A rise in residential growth means a rise in demand for retail, services, offices and a wide variety of amenities.
• Business-Friendly Climate: The city of Lathrop is rolling out the welcome mat for businesses. They’ve streamlined permitting and retail incentive programs to attract quality commercial tenants.

Stanford Crossing: A Prime Commercial Destination

Located at Golden Valley Parkway and McKinley Avenue, Stanford Crossing’s location and family-focused neighborhoods make it an ideal place for retail, office and mixed-use businesses.

• Highly Visible Sites: The commercial properties here offer excellent freeway exposure along I-5 and flexible parcel sizes.
• Integrated Community Context: Businesses here will benefit from proximity to established neighborhoods, schools, hotels and existing retail centers.
• Strong Trade Area & Traffic: There is heavy daily traffic in this neighborhood, and the nearby commercial area is expanding rapidly. The retail center here is designed for daily-needs businesses, including retail, quick service restaurants and other services.
• Notable Businesses Already Opened or Announced Outside Stanford Crossing:
  • Sam’s Club (anchor, first location in San Joaquin County)
  • Wendy’s
  • AutoZone
  • Ono Hawaiian BBQ
  • Chevron (fuel + convenience store)
  • Blue Rain Car Wash
  • Home2 Suites by Hilton (planned)
  • Senior Living (planned, adjacent)

Excellent Timing for Commercial Opportunities

Residential sales are finishing up at Stanford Crossing, which means there’s an increasing demand for commercial businesses. Some parcels have already been claimed, and remaining parcels are in limited supply. Lathrop’s population and economic growth show no signs of stopping anytime soon, offering significant long-term investment potential for developers and investors.

Rich Opportunities for Commercial Growth in Lathrop

In one of the fastest-growing cities in the state, Lathrop offers considerable potential for commercial development. Stanford Crossing, in particular, is development-ready and strategically located for businesses to thrive. Please connect with CBRE for more details regarding availability, pricing and next steps or read more about what’s coming next to Lathrop.