Drew Rotner and Jeremiah Borges are proud to present 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, 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 options to extend the Lease. Visit the documents link above for building specifications, more information on the tenant, and contact us for more information or to schedule a showing.

Property Highlights:

•6.4% Cap Rate

•NOI $150,100

Tenant Website: https://www.merrittwoodwork.com/portfolio/

Development Title Mixed Use Zoning: https://library.municode.com/ca/lodi/codes/code_of_ordinances?nodeId=TIT17DECO_ART2ZODILAUSDEST_CH17.22MIUSZODI