880 S Beckman Rd - Warehouse FOR SALE


Lodi, CA 95240
$5,250,000 USD
209-598-1180
880 S Beckman Rd, Lodi, CA for Sale
$5,250,000 USD
Warehouse - FOR SALE
1/7
null | 4.35% Cap Rate

880 S Beckman Rd
Lodi, CA 95240


HIGHLIGHTS

  • Clear Span Construction with Drive Through Access
  • Oversized Grade Level Doors
  • Wash Bay with Grease Trap
  • Large Paved/Fenced and Lit Yard Area with multiple points of ingress/egress
  • Skylights & Gas Heat in Warehouse
  • DO NOT DISTURB TENANT | SHOWN BY APPOINTMENT ONLY

OVERVIEW

OFFERING: Lee & Associates – Central Valley, Inc. is pleased to offer this 100% leased investment opportunity for sale in the City of Lodi, CA, featuring 22,078± SF of total building improvements situated on 2 parcels of land totaling 3.85± Acres. TENANT: Liebherr USA, Co. (“Liebherr”) began operations in the U.S. in 1970. Leibherr provides customers with reliable products and services throughout the U.S. Liebherr officially opened the Lodi location in 2017 to provide technical assistance, field service, yard storage for consignment cranes, stock and replenish parts, perform equipment repairs, stock inventory for sale and deploy rental fleets. Leibherr has two product segments operating out of the Lodi facility, Mobile and Crawler Cranes and the Crawler Cranes and Deep Foundation Machines. This prime location approximately 84 miles west of San Francisco and approximately 36 miles south of Sacramento allows Liebherr to respond to customer inquires quicker and accelerate the distribution of parts and services in this region. ECONOMIC DATA: Sale Price: $5,250,000.00 Gross Income: $300,020.64 Operating Expenses: $71,582.00 ** NOI: $228,438.64 Cap Rate: 4.35% Annual Increases: CPI or 3% max Lease Type: Modified Gross Lease Expiration: December 31, 2026 Options: One (1) - Five (5) year **Property Tax adjusted @ 1.1% of Purchase Price

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

4.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Truck Terminal, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

17

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.85

LAND SF

167,707

ZONING

M

APN/PARCEL ID

049-150-01,049-310-36

ASK ABOUT THIS PROPERTY

Darren McFaddenLee & AssociatesMore Info
209-598-1180

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Darren McFaddenLee & AssociatesMore Info
209-598-1180

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.