Warehouse
Lodi Cold Storage Facility
6030 E Kettleman Ln, Lodi, CA 95240
Listing Price: $4,400,000
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale 6030 E. Kettleman Lane, a ±30,786 square foot multi-tenant industrial property with approximately ±16,400 square feet of existing cold/freezer storage space with a scalable ammonia refrigeration system. The building is comprised of three units; north side cold storage, mechanical shop/dry storage, and south side cold storage. During the development of the ammonia refrigeration system, the plans were designed with the option to convert the mechanical shop into cold storage space with minimal upgrades to the existing infrastructure, providing the opportunity to convert the entire building into a cold storage facility.
Lodi Cold Storage Facility
Investment Highlights
- Cold Storage Warehouse Building with Existing Income Offered at Only $115 Per Square Foot (Significantly Below Replacement Costs)
- Unique Value-Add Opportunity by Converting Existing Dry Storage/Mechanical Shop Space into Cold Storage Space
- Conveniently Located near Highway 99 in Lodi, California, which is Known for it's Agriculture and Wine Production
- Located within 40-Miles of Sacramento and Less than 85-Miles of San Francisco
- Approximately 75 Percent of the Irrigated Land in California (17 Percent of the Nation's Irrigated Land) is Located in the Central Valley
Exclusively Listed By
Listing Price: $4,400,000
Investment Highlights
- Cold Storage Warehouse Building with Existing Income Offered at Only $115 Per Square Foot (Significantly Below Replacement Costs)
- Unique Value-Add Opportunity by Converting Existing Dry Storage/Mechanical Shop Space into Cold Storage Space
- Conveniently Located near Highway 99 in Lodi, California, which is Known for it's Agriculture and Wine Production
- Located within 40-Miles of Sacramento and Less than 85-Miles of San Francisco
- Approximately 75 Percent of the Irrigated Land in California (17 Percent of the Nation's Irrigated Land) is Located in the Central Valley
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale 6030 E. Kettleman Lane, a ±30,786 square foot multi-tenant industrial property with approximately ±16,400 square feet of existing cold/freezer storage space with a scalable ammonia refrigeration system. The building is comprised of three units; north side cold storage, mechanical shop/dry storage, and south side cold storage. During the development of the ammonia refrigeration system, the plans were designed with the option to convert the mechanical shop into cold storage space with minimal upgrades to the existing infrastructure, providing the opportunity to convert the entire building into a cold storage facility.
Exclusively Listed By
