709 N Sacramento Active Save Request In-Person Tour Request Virtual Tour
Lodi,CA 95240
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224153757
Year Built 1946
Lot Size 1.380 Acres
Property Sub-Type Mixed Use
Property 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.
Location
State CA
County San Joaquin
Area 20901
Interior
Heating Natural Gas
Cooling Central
Flooring Concrete,Wood,Varies by Unit
Exterior
Parking Features Fenced
Utilities Available Internet Available,Master Gas Meter,Master Water Meter,Natural Gas Connected
Roof Type Tile,Metal
Building
Lot Description Auto Sprinkler Front
Story 1
Foundation Raised
Sewer Public Sewer
Water Meter Available,Meter on Site,Public
Others
Special Listing Condition None
Virtual Tour https://properties.39pixels.com/709sacramentostreet