709 N Sacramento St - Warehouse FOR SALE


Lodi, CA 95240
$2,350,000 USD
209-649-3808
709 N Sacramento St, Lodi, CA for Sale
$2,350,000 USD
Warehouse - FOR SALE
1/40
null | 6.39% Cap Rate

709 N Sacramento St
Lodi, CA 95240


HIGHLIGHTS

  • 3 Parcels all zoned Mixed Use Corridor.
  • Strong Cap Rate.
  • Recent lease extension showing commitment to site.
  • Modified NNN Lease.

OVERVIEW

A prime investment opportunity in Lodi, CA. A single tenant modified NNN lease portfolio with a strong cap rate of 6.4%. The offer 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 a 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.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

6.39%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Investment Opportunity

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.38

LAND SF

60,113

ZONING

MCO

APN/PARCEL ID

041-180-11

ASK ABOUT THIS PROPERTY

Nicolas BokidesBokidesMore Info
209-649-3808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Nicolas BokidesBokidesMore Info
209-649-3808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.