Prime Investment Opportunity | 709 N Sacramento St
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Prime Investment Opportunity 709 N Sacramento St
30,947 SF Industrial Building Lodi, CA 95240 $3,370,064 CAD ($109 CAD/SF) 6.39% Cap Rate
Investment Highlights
- Prime Investment
- Three buildings all zoned Mixed Use Corridor
- Strong Cap Rate
Executive Summary
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.
Property Facts
Amenities
- Fenced Lot
- Security System
- Storage Space
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Walk Score ®
Very Walkable (80)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $752,464 CAD | |
Land Assessment | $704,504 CAD | Total Assessment | $1,456,967 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$704,504 CAD
Improvements Assessment
$752,464 CAD
Total Assessment
$1,456,967 CAD
zoning
Zoning Code | MCO (Mixed Use Corridor) |
MCO (Mixed Use Corridor) |
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Prime Investment Opportunity | 709 N Sacramento St
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