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Warehouse

Single-Tenant Industrial Leasehold

6700 C E Dixon St, Stockton, CA 95206

Listing Price: $2,600,000

Cap Rate
8.20%
Gross SF
20,000
Price/Gross SF
$130.00
Lot Size
1.29 acres
Year Built
2002
Rentable SF
20,000

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the Leasehold Interest of 6700 CE Dixon Street, Stockton, California, a single-tenant industrial investment opportunity. Situated on the Stockton Metropolitan Airport, the subject property is leased to RTI Acquisitions, Inc., a global independent service provider committed to repairing rotor blades.

The Property is a 20,000 square-foot industrial asset which includes the neighboring parcel which totals 56,003 square feet. RTI Acquisitions, Inc. recently executed a brand new 12-year lease with multiple options to extend. RTI is operating on an Absolute Net lease structure resulting in zero landlord responsibilities. The lease features 3.5 percent annual increases to hedge against inflation. Structurally, the facility contains 20’ clear height, ±1,600 square-feet of office build-out, and five grade-level doors.

The purchase of this offering presents an investor with the opportunity to acquire the Leasehold Interest of an in-fill industrial asset that is strategically placed for its tenant. At the current list price of $2,600,000.00, the investment generates an in-place net operating income of $213,258 which equates to a 8.20 percent capitalization rate.

Investment Highlights

  • Single-tenant industrial leasehold interest offering
  • Passive investment | 12-year absolute net lease structure
  • Strategic location | Stockton Metropolitan Airport
  • Superb Highway Access | Centrally located between Highway 99 & I-5 via the Arch/Sperry Road connector
  • Immediate access to Port of Stockton
  • Located in Opportunity Zone
  • San Joaquin County contains labor force of 320,000+

Exclusively Listed By

Broker of Record

  • Daniel A. Kapic

    Vice President/Regional Manager

    (916) 724-1400

    License(s) CA: 01437375

    California

Financing By

Warehouse

Single-Tenant Industrial Leasehold

Listing Price: $2,600,000

Cap Rate
8.20%
Gross SF
20,000
Price/Gross SF
$130.00
Lot Size
1.29 acres
Year Built
2002
Rentable SF
20,000

Investment Highlights

  • Single-tenant industrial leasehold interest offering
  • Passive investment | 12-year absolute net lease structure
  • Strategic location | Stockton Metropolitan Airport
  • Superb Highway Access | Centrally located between Highway 99 & I-5 via the Arch/Sperry Road connector
  • Immediate access to Port of Stockton
  • Located in Opportunity Zone
  • San Joaquin County contains labor force of 320,000+

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the Leasehold Interest of 6700 CE Dixon Street, Stockton, California, a single-tenant industrial investment opportunity. Situated on the Stockton Metropolitan Airport, the subject property is leased to RTI Acquisitions, Inc., a global independent service provider committed to repairing rotor blades. The Property is a 20,000 square-foot industrial asset which includes the neighboring parcel which totals 56,003 square feet. RTI Acquisitions, Inc. recently executed a brand new 12-year lease with multiple options to extend. RTI is operating on an Absolute Net lease structure resulting in zero landlord responsibilities. The lease features 3.5 percent annual increases to hedge against inflation. Structurally, the facility contains 20’ clear height, ±1,600 square-feet of office build-out, and five grade-level doors. The purchase of this offering presents an investor with the opportunity to acquire the Leasehold Interest of an in-fill industrial asset that is strategically placed for its tenant. At the current list price of $2,600,000.00, the investment generates an in-place net operating income of $213,258 which equates to a 8.20 percent capitalization rate.

Exclusively Listed By

Broker of Record

  • Daniel A. Kapic

    Vice President/Regional Manager

    (916) 724-1400

    License(s): CA: 01437375

    California

Financing By

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