120 Gateway Drive presents a unique opportunity to own a multi-tenant commercial building in Lincoln, California. Located
directly off of Highway 65 and Lincoln Blvd, The property is part of an eight building business park all with a very similar,
upscale architectural style. The synergy amongst all of the business park tenant’s as well as a lack of there being any
vacancy in the area has proven that significant consumer spending occurs within this area.
The building is being offered for sale at $3,640,000. This equals $188 per square foot (which is significantly below
replacement costs). There is a vacant 3,000 square foot space that has never been built-out and has always been used as
storage. This particular space could easily be rented if a store front was installed along with a vanilla shell finish within the
interior portion. Current market rents in surrounding retail centers suggest that this space would rent for $2.50 per square
foot or more.