2173 & 2211 Wilcox Road in Stockton is a 1.7 acre multi-tenant industrial property with two industrial buildngs totaling 29,500 +/- square feet on two legal parcels. The location is far more desirable than the competitive set.  A cloverleaf on/off ramp to Highway 99 is less than a half mile from the project.  Within walking distance are numeorus amenities.  Easy divisibility and a variety of space sizes gives the opportunity to pursue many different tenants in the market for leasing. During escrow, we renewed the largest tenant which increased the initial cash-on-cash return to over 10%.   

The property offers many avenues to maximize investment returns other than a long-term hold. The buildings are on separate parcels, giving us the ability to sell one or both separately to an owner-user or as a net-leased investment.  Another option is to place a condominium map on one or both buildings and sell the units individually.