Industrial Space Overview
Introducing a lucrative investment opportunity in Stockton, California, presented by Marcus & Millichap. This offering features the leasehold interest of 6700 CE Dixon Street, a modern industrial property strategically located on the Stockton Metropolitan Airport.
Leased to RTI Acquisitions, Inc., a renowned global service provider, the property boasts a brand-new 12-year lease agreement with multiple renewal options. The Absolute Net lease structure places all operating responsibilities on the tenant, ensuring a worry-free investment for the buyer. Annual rent increases of 3.5% safeguard the investment's value against inflation.
The industrial asset spans 20,000 square feet and is situated on a neighboring parcel totaling 56,003 square feet. Its impressive features include a 20-foot clear height, 1,600 square feet of modern office space, and five grade-level doors.
The property offers an attractive capitalization rate of 5.54% at the listed price of $4,000,000, generating a net operating income of $221,717. This investment opportunity presents a rare chance to acquire a high-quality, in-fill industrial asset with a reliable tenant.
The property's strategic location provides excellent visibility and accessibility, making it ideal for distribution centers, warehousing, and manufacturing operations. Its proximity to major highways and transportation routes further enhances its logistics capabilities.
Do not miss out on this exceptional opportunity to acquire a prime industrial property with a long-term lease and a secure rental income stream.
Leased to RTI Acquisitions, Inc., a renowned global service provider, the property boasts a brand-new 12-year lease agreement with multiple renewal options. The Absolute Net lease structure places all operating responsibilities on the tenant, ensuring a worry-free investment for the buyer. Annual rent increases of 3.5% safeguard the investment's value against inflation.
The industrial asset spans 20,000 square feet and is situated on a neighboring parcel totaling 56,003 square feet. Its impressive features include a 20-foot clear height, 1,600 square feet of modern office space, and five grade-level doors.
The property offers an attractive capitalization rate of 5.54% at the listed price of $4,000,000, generating a net operating income of $221,717. This investment opportunity presents a rare chance to acquire a high-quality, in-fill industrial asset with a reliable tenant.
The property's strategic location provides excellent visibility and accessibility, making it ideal for distribution centers, warehousing, and manufacturing operations. Its proximity to major highways and transportation routes further enhances its logistics capabilities.
Do not miss out on this exceptional opportunity to acquire a prime industrial property with a long-term lease and a secure rental income stream.
