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Undisclosed Address in Lodi, CA 95240
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$2,200,000
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Home Details
Price
$2,200,000
Type
Commercial/Industrial
Year Build
1946
Lot Size
1.38
County
San Joaquin
MLS®️ Listing#
224153757
On exitrealty.com
282 days
Property Description
A prime investment opportunity in Lodi, CA. A single tenant modified NNN lease portfolio with a strong cap rate of 6.8%. The offering includes three properties with Class C buildings, all zoned Mixed Use Corridor. 709 Sacramento Street features a 9,740 square foot warehouse with office space on a 1/2 acre lot and an 1,100 square foot exterior building. 701 Sacramento Street is a 9,000 square foot quonset hut style warehouse on just under 1/2 an acre. Lastly is 601 North Sacramento Street, which sits on over 1/2 an acre and features two 5,000 square foot clear span metal buildings with over 700 square feet of office space. The properties are in a prime location less than a mile from Downtown Lodi, and less than a mile from the Turner road interchange. The tenant has occupied the premises since 2016 and is in their first of three 5 year options to extend the Lease. For more information on building specs and Tenant visit the virtual media link attached.
- Utilities
- Natural Gas Available
- Natural Gas Connected
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- Central Air
- Heating Information
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Listing Courtesy: Bokides-Hesseltine Real Estate - 209-334-3045. Presented by: Andrew T. Rotner
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EXIT REALTY CONSULTANTS
150 W. Yosemite Ave, Manteca, CA 95336
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$2,200,000
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EXIT REALTY CONSULTANTS
150 W. Yosemite Ave, Manteca, CA 95336
CA DRE# 01424183. Kris Klair Broker.