Central Lodi
101,250 SF | Industrial Building | Lodi, CA 95240 | $5,220,000 ($52/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,220,000
- Sale Condition
- Deferred Maintenance
- Property Type
-
Industrial
- Price / Square Foot
- $52
Listing Contacts
Abdullah Sulaiman
Verified Profile
Matt Sulaiman
Verified Profile
Russ Moroz
Verified Profile
Christopher Drake
Verified Profile
James Beeghly
Verified Profile
- Property Info
Property Overview
Marcus & Millichap has been retained to exclusively market for sale an industrial warehouse portfolio located at 701 and 875 North Stockton
Street in Lodi, California. The portfolio includes five (5) warehouse buildings and one (1) commercial building, totaling ±101,250 square feet on ±5.59 acres. Two (2) of the six (6) buildings are currently leased, while the remaining buildings are owner-occupied or vacant. This property presents a unique opportunity for an investor or owner-user to acquire a substantial amount of industrial space and land in the heart of Lodi at an attractive price per square foot. The property is conveniently located near Highway 99 and along Turner Road.
Street in Lodi, California. The portfolio includes five (5) warehouse buildings and one (1) commercial building, totaling ±101,250 square feet on ±5.59 acres. Two (2) of the six (6) buildings are currently leased, while the remaining buildings are owner-occupied or vacant. This property presents a unique opportunity for an investor or owner-user to acquire a substantial amount of industrial space and land in the heart of Lodi at an attractive price per square foot. The property is conveniently located near Highway 99 and along Turner Road.
Property Details
- Class
- C
- Year Built
- 1940
- Stories
- 1
- Property Subtype
- Manufacturing, Distribution, Warehouse
- Lot Size (sq. ft)
- 243,500 SF
Highlights
- Value-add / Receivership Sale.
- The Portfolio Includes Five (5) Warehouse Buildings and One (1) Commercial Building, Totaling Approximately ±101,250 Square Feet on ±5.59 Acres of Lan
- Currently 44% Occupied With Short-term Lease Agreements, With Potential to Lease Additional Space.
- Located Near Highway 99 and Along Turner Road.
- High-Density Residential Redevelopment Opportunity.
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