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75 N Ham Ln Lodi, CA 95242

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Single tenant net leased retail building in Lodi, California.

Property size:
13,000 SF
Lot size:
1.65 Acres

Property Features for 75 N Ham Ln

General Information

Standard status
Active
Zoning
GC (General Commercial)
Size
13,000 SF
Lot size
1.65 Acres

Building Details

Year built
1993

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Listing Contact
Randy Getz
Randy Getz
Source: Crexi

Listing Agency: CBRE - Sacramento Listing Agent: Randy Getz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Lodi Retail Pharmacy Investment Opportunity

The property is a ±13,000 square foot single tenant net leased retail building. The building is leased to Walgreen Co. and is the only 24-hour retail pharmacy in Lodi, California, a town with a population of 68,000. Walgreens has been in occupancy on a continuous basis since 1993 and has extended its lease twice via amendments to the original Agreement. Walgreens’ lease presently provides for an expiration date of September 30, 2055. The lease may be terminated effective September 30, 2035 and every five years thereafter, given six months’ notice of the Tenant’s intent to terminate. Walgreens is the flagship U.S. brand of Walgreens Boots Alliance, Inc. Walgreens Boots Alliance has approximately 12,500 retail pharmacy locations across the U.S., Europe and Latin America employing approximately 311,000 team members. The opportunity is priced at $2,790,000 or $215 per square foot.
Location Intelligence

Current Use by Public Records

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Anthony Tran, PharmD Pharmacy LibertyX Bitcoin ATM Atm FedEx OnSite Postal Service

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Payless Drug Stores, David Prudhel, RPH, Andrews Amy L, Grant T. Nakahara, PharmD, Thomas Vitt

Location Insight

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  • Local Demand
City
Lodi
County
San Joaquin
State
California
Longitude
-121.2892753
Latitude
38.1327751

FAQs

What type of property is this?
Drug store - Single tenant net leased retail building in Lodi, California.
Where is this drug store located?
The property is located at 75 N Ham Ln Lodi, CA.
What are key features of this property?
This property features: - Long-term lease with Walgreens expiring September 30, 2055.; - Single tenant net leased retail building occupied by Walgreens.; - Walgreens has been in continuous occupancy since 1993 with two lease extensions.
More about this property
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