520 W Lodi Ave Lodi, CA 95240
Former Rite Aid in a Class A commercial neighborhood.
Property Features for 520 W Lodi Ave
General Information
- Standard status
- Active
- Size
- 28,456 SF
- Property subtype
- Retail
Listing office Multi Family Purchases LLC
Listing date Jun 27, 2023
Source Crexi
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 Multi Family Purchases LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Class A location in a busy shopping mall next to Savemart and multiple restaurants and shops.
- Lowest price per square foot for Class A commercial space at $151/sqft.
- Large 28,456 sqft total space suitable for owner‑user or investor.
Local Financial Insights For Retail
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 | $512.2k | $18.00 |
| − Vacancy | −$51.2k | −$1.80 |
| EGI | $461.0k | $16.20 |
| − OpEx | −$138.3k | −$4.86 |
| NOI | $322.7k | $11.34 |
Alternative Uses
Property Analytics
Current Use by Public Records
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