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369 S Lower Sacramento Rd - Quick Quack Car Wash | Lodi, CA

3,596 SF Specialty Building Offered at $2,820,000 at a 5.50% Cap Rate in Lodi, CA 95242

Investment Highlights

  • Single-Tenant Quick Quack Car Wash: 20-year absolute NNN ground lease; 10% increases every 5 years
  • Outparcel to Raley’s Anchored Shopping Center: Co-tenants at the center include Vista Oaks Charter School, Great Clips, Batteries + Bulbs & many more
  • Surrounded by Dense, Affluent Residential Population; 1.5 Miles from Lodi High School (1,990 Students)
  • KKR & Co. Buys $850 Million Minority Stake in Quick Quack Car Wash (June 2024)
  • Strategically Situated Along Lower Sacramento Road, a Major Traffic Thoroughfare and a Commercial Corridor
  • Lodi is Just 35 Miles from Downtown Sacramento and 80 Miles East of San Francisco

Executive Summary

20 year absolute NNN ground lease with 10% increases every 5 years

Property Facts

Price $2,820,000
Price Per SF $784
Sale Type Investment
Cap Rate 5.50%
Sale Conditions Ground Lease (Leased Fee)
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.00 AC
Construction Status Under Construction
Building Size 3,596 SF
No. Stories 1
Year Built 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
027-400-14
Land Assessment
$12,085
Improvements Assessment
$0
Total Assessment
$12,085
  • Listing ID: 33666834

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 369 S Lower Sacramento Rd, Lodi, CA 95242

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