Auction Information
Online Bidding SiteNNN Outdoor Storage - French Camp | Manteca CA
RealINSIGHT marketplace Online Auction June 26-28, 2023
All Bidders must register on Marketplace prior to the auction
View Now: rimarketplace. com/auction/1506/nnn-outdoor-storage-french-camp-manteca-ca?utm_source=landsofamerica&utm_medium=listing&utm_campaign=selfstorage_1506
Investment Highlights
$172,000 Noi
Two tenant NNN leases in place for outdoor storage space with two years of term remaining
Upside Potential through development of five unimproved acers (nine acres total)
Two 18,000 sf steel frame buildings, two-story office with full bath and half bath, and an additional seven-stall bathroom
Near both Hwy 99 and I-5 Freeways. Railroad spur currently disconnected (can be reconnected)
Minimal landlord responsibilities
Offering Summary
EXP Realty of CA and RealINSIGHT Marketplace are pleased to present a two structure outdoor storage facility on nine acres of land with additiona...
EXP Realty of CA and RealINSIGHT Marketplace are pleased to present a two structure outdoor storage facility on nine acres of land with additional development upside and flexible zoning with industrial potential. The asset is currently leased to two tenants utilizing the 18,000 square-foot outdoor storage facilities and generates an NOI of $172,000.
There is a 25 foot easement to access property through the neighbor's property. The easement continues to the back portion of property for the back neighbor so the back neighbor must have access through this property. Keep in mind with 25 ft drive way entrance, it is difficult for 2 semi trucks to enter and exit at the same time. An exception may be allowed, if low use. If you are an AG use, then you may be allowed the biggest AG trucks on market, with no issues.
Emilio Lemeni
Fisher Auction Company Inc.
License: 00961384
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information