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Off Market
1/4

150 Gateway Dr
Lincoln, CA 95648


HIGHLIGHTS

  • 2,642 SF medical office condo in Gateway Plaza, built 2008 / remodeled 2018
  • Seller leaseback: 5-year NNN at $7,000/month ($84,000 annually), 6.46% cap rate
  • Option to deliver vacant — ideal for owner-user medical or professional office
  • Prime location with off of Lincoln Blvd with convenient access to Highway 65
  • Strong demographics and growth surrounded by new housing, hotels, and retail

OVERVIEW

This 2,642 SF medical office condo is part of Gateway Plaza, an upscale, multi-building retail and office complex in Lincoln, CA, originally built in 2008 and remodeled in 2018. The property features modern architecture, excellent signage opportunities, and strong tenant synergy in a prime location directly off of Lincoln Blvd with convenient access to Highway 65. Lincoln Physical Therapy, a long-standing operator in the community for 25 years, will execute a 5-year NNN lease upon close of escrow, providing stable income at a 6.46% cap rate. Alternatively, the property can be delivered vacant, making it an excellent option for an owner-user seeking a turnkey medical office space. Surrounded by new residential developments, shopping, hotels, and retail amenities, the location offers both stability and growth potential.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Unit #100

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

2642

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.14 AC AC

LAND SF

6,011 SF

ZONING

-

APN/PARCEL ID

008-280-047