Upgraded Office Condominium
1930 Tienda Drive Suite 201 Lodi, CA 95242
For Sale
Contact for pricing
Office condominium suite with built-in reception, multiple offices, an enclosed break area, and an interior ADA restroom with shower.
Property Size1,200 SF
Price / SF$387.50
Days on Market9
Property Features for 1930 Tienda Drive Suite 201
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Office
Building Details
Year Built
2005
Listing Agency:
CBRE - Central Valley
(209) 476-2906
Listed By:
Steve White · License #CA 01781200
Source:
Crexi
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 29 at 1:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Central Valley
Investment Insights
Based on property information with market context.
1930 Tienda Drive Suite 201 is an office condominium located within Millsbridge Office Park. The suite features an intentional, functional buildout with a built-in reception desk, two large offices (one suitable for a conference room), two storage closets, and an open file-preparation area with a modular island that could be removed to accommodate workstations. Suite 201 also includes a large enclosed break area and an interior ADA restroom with a shower.
The property offers convenient access from both Mills Ave and Tienda Drive and is positioned just off the signalized intersection of Mills Ave & Kettleman Lane. The office park setting includes ample parking and well-maintained landscaping.
The suite’s upgraded finishes include a stacked-stone accent wall in the reception area, bamboo floors, Mahogany cabinetry, travertine tile in the restroom and shower, granite countertops in the file area and breakroom, and frosted glass walls and doors for the offices and conference room.
The property offers convenient access from both Mills Ave and Tienda Drive and is positioned just off the signalized intersection of Mills Ave & Kettleman Lane. The office park setting includes ample parking and well-maintained landscaping.
The suite’s upgraded finishes include a stacked-stone accent wall in the reception area, bamboo floors, Mahogany cabinetry, travertine tile in the restroom and shower, granite countertops in the file area and breakroom, and frosted glass walls and doors for the offices and conference room.
Key Highlights
- Office condominium suite built in 2005 within Millsbridge Office Park
- Suite 201 includes a built‑in reception desk plus two large offices, with one suitable for a conference room
- Enclosed break area with granite countertops and a modular island for file preparation (removable for workstations)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $18.00 |
| − Vacancy | −$3.5k | −$2.88 |
| EGI | $18.1k | $15.12 |
| − OpEx | −$4.5k | −$3.78 |
| NOI | $13.6k | $11.34 |
1,200 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$194.4K
$170.1K – $226.8K
NOI $13,608 @ 7.0% cap · market cap 2.93%
Second Best
Healthcare Medical
$189.6K
$165.9K – $221.2K
NOI $13,274 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$263.5K
$230.6K – $307.4K
NOI $18,446 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office condominium suite with built-in reception, multiple offices, an enclosed break area, and an interior ADA restroom with shower.
Where is this office units located?
The property is located at 1930 Tienda Drive Suite 201 Lodi, CA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Office condominium suite built in 2005 within Millsbridge Office Park; Suite 201 includes a built‑in reception desk plus two large offices, with one suitable for a conference room; Enclosed break area with granite countertops and a modular island for file preparation (removable for workstations)
