Homes for sale - 709 N Sacramento, Lodi, CA 95240

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Erik Nelson

erik@mcgrailteam.com +1(916) 765-8124

$ 2,350,000

Est. payment | -/mo

1.38 Acres Lot

Save Virtual Tour

$ 2,350,000

Est. payment | -/mo

Save Virtual Tour

1.38 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224153757

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1946

Lot Size 1.380 Acres

Acres 1.38

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

Direction From Highway 99 exit at Turner road and take a left on Sacramento Street. Square footage of lots, building and office space shall be verified by Buyer.

Location Details Downtown,Freeway Nearby

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

Water Access Desc Meter Available,Meter on Site,Public

Roof Type Tile,Metal

Road Frontage City Street

Building

Lot Description Auto Sprinkler Front

Story 1

Foundation Raised

Sewer Public Sewer

Water Meter Available, Meter on Site, Public

Others

Senior Community No

Tax ID 041-180-11

Special Listing Condition None

Listed by Bokides-Hesseltine Real Estate

Helping real estate be simple, fun and stress-free!

+1(916) 765-8124

erik@mcgrailteam.com

1891 E. Roseville Parkway Suite 180, Roseville, CA, 95661

709 N Sacramento Lodi, CA 95240