1905 Aviation Blvd, Lincoln, CA 95648-9557
This exceptional investment opportunity presents a 23,650-square-foot Class B warehouse in Lincoln, California, currently operating at 100% occupancy under a Net Lease agreement. Located at 1905 Aviation Blvd, this single-tenant property boasts a strong 6.65% cap rate and a substantial net operating income (NOI) of $372,000, with an asking price of $5,590,000 ($236.36/sq ft). Built in 1985, the one-story building features four loading docks and sits on a 1.5-acre lot with an adjacent 1.5-acre parcel. The current tenant is interested in a long-term leaseback, providing future owners with financial stability. Planned improvements include roof replacement, additional grade-level doors, and site enhancements to the adjacent parcel (grading, fencing, and gravel). Further enhancing the investment potential, the property includes a revenue-generating cell tower. The property's prime location across from the Lincoln Airport and its potential for future expansion make this a compelling acquisition. APN: 021-562-005, 021-562-007. Rent bumps are included in the lease.
-
Superior Equipment Repair, Inc. Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Lincoln, CALincoln. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.