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1901 W Kettleman Ln
Lodi, CA 95242

Millsbridge Office Building East · Office Property For Sale

Investment Highlights

  • Modern steel frame building on highest trafficked thoroughfare in Lodi
  • Extremely well-maintained building with redone roof and replaced first floor HVAC system
  • Abundant parking lot surrounds the property with approximately 40 designated parking spaces
  • The bank, insurance company, and the vacant suite were all renovated in early 2019
  • 3 diverse tenants including a bank, Adventist Health family medicine satellite, and a commercial insurance company
  • Adventist Health has provides 60% of the NOI, 3% annual increases with 7.5 years left in term with NN lease

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
20,793 SF
Building Class
A
Year Built
2003
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,397 SF
Building FAR
1.77
Lot Size
0.27 AC
Zoning
RCP - Commercial
Parking
75 Spaces (3.61 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
031-300-01
Land Assessment
$333,968
Improvements Assessment
$1,894,568
Total Assessment
$2,228,536
  • Listing ID: 22510378

  • Date on Market: 3/18/2021

  • Last Updated:

  • Address: 1901 W Kettleman Ln, Lodi, CA 95242

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