Description
A prime investment opportunity in Lodi, CA. A single tenant modified NNN lease portfolio with a strong cap rate of 6.4%. 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.
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0BEDS
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1.38ACRES
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0BATHS
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01/2 BATHS
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65,340SQFT
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$36$/SQFT
School Ratings & Info
Description
A prime investment opportunity in Lodi, CA. A single tenant modified NNN lease portfolio with a strong cap rate of 6.4%. 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.
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