115-123 W Elm St | Lodi, CA 95240
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- LoopNet Team
115-123 W Elm St
Lodi, CA 95240
Lodi City Centre 12 & Shoppes · Retail Property For Sale
Investment Highlights
- Rare Ability to Control a Dynamic Downtown Block in California’s Central Valley
- $4 Million Renovation in 2016 - State-of-the-Art Enhancements Such as Expanded Concessions, Beer/Wine Bar, Premium Recliner Seating and Other Upscale
- Landlord has Rights to the Cinema’s Furniture, Fixtures and Equipment if the Tenant Ever Vacated the Property
- Strong Consumer Traffic and Frontage Multiple Streets - The Farmers Market Brings 5,000 Guests to the Surrounding Area on Thursday Nights
- Strong Historical Occupancy - 43,868-Square-Feet (88 Percent of GLA) are Occupied by Tenants that have Operated at the Property for More than 18 Years
- 100% Leased - Tenant Roster Focuses on Dining and Entertainment
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
49,571 SF
Building Class
B
Year Built/Renovated
2003/2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Lot Size
1.21 AC
Zoning
C-2 - Commercial
Parking
49 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
318 ft on W Elm St
PROPERTY TAXES
| Parcel Number | 043-024-15 | Improvements Assessment | $10,286,932 |
| Land Assessment | $914,517 | Total Assessment | $11,201,448 |
PROPERTY TAXES
Parcel Number
043-024-15
Land Assessment
$914,517
Improvements Assessment
$10,286,932
Total Assessment
$11,201,448
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