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.