Sale Price: $2,175,000.00
$293.00 per SF
5.8% CAP
REGION:
Lodi, CA
AVAILABILITY:
7,424 SF +/-
ZONING:
Office
OPPORTUNITY:
Fully Stabilized Investment Opportunity
This excellent +/- 7,424 Square Foot Office or Medical Building was built in 2005. The property sits on .65 Acres. Traffic volumes on W Kettleman reach an excess of 22,000 cars per day. The asset has superior placement in the center to provide maximum visibility and accessibility. The building has an existing National credit tenant with remaining years left on their lease including options with increases. The building sits near the intersection of South Ham Lane and W. Kettleman Lane which has an upwards of 25,000 +/- cars daily.
The property is located near a dense residential housing area and in close proximity to a multitude of retail users such as Kohls, CVS Pharmacy, Starbucks, AT&T, and Mountain Mikes just to name a few. The property is located moments from HWY 99. With its ample parking field, close proximity to retail, office, residential and convenient ingress and egress to the property from W Kettleman this opportunity is ideal for an Investor looking for a fully leased office investment.
The City of Lodi is centrally located in northern California with easy access to U.S. western states. As the northern-most city in San Joaquin County, Lodi bridges the areas of Northern and Central California – an ideal location for business and visitors touring the abundant wine grape growing region. Lodi, like all of San Joaquin County, has excellent transportation accessibility. It is located between two primary north-south highways, Highway 99 and Interstate 5, that respectively connect major cities in Central California and provide direct access to major markets from Canada to Mexico. It is well connected for east-west transportation with the Interstate 580 running to Oakland and the San Francisco Bay Area. Interstate 80 links Lodi to Reno, Nevada and points further east.
Executive Director
916 704 9341
dmueller@muellercommercial.com
CalDRE# 01829919
