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579 Armstrong Way 22,285 SF Industrial Building Oakdale, CA 95361 $5,581,440 CAD ($250.46 CAD/SF) 7% Cap Rate
Executive Summary
CoSol Commercial Real Estate and Link Commercial Property Group are pleased to present the exclusive sale of 579 Armstrong Way, Oakdale, California —a ±40,000 square foot single-tenant industrial property on 2.01 acres within the established Hi-Tech Business Park.
The property is fully occupied by Formulation Technology, LLC (FTI) under a five-year NNN lease that commenced December 5, 2025. The tenant is responsible for real estate taxes, property insurance, and utilities —delivering a predictable, low-management income stream.
The lease includes five (5) one-year renewal options with 2% annual rent increases. The tenant holds a Right of First Refusal to purchase the property. In December 2025, FTI was acquired by AAVIN Equity Advisors, adding institutional ownership depth to the tenancy.
The property is fully occupied by Formulation Technology, LLC (FTI) under a five-year NNN lease that commenced December 5, 2025. The tenant is responsible for real estate taxes, property insurance, and utilities —delivering a predictable, low-management income stream.
The lease includes five (5) one-year renewal options with 2% annual rent increases. The tenant holds a Right of First Refusal to purchase the property. In December 2025, FTI was acquired by AAVIN Equity Advisors, adding institutional ownership depth to the tenancy.
Property Facts
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Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 064-39-90 | Improvements Assessment | $1,625,793 CAD |
| Land Assessment | $232,572 CAD | Total Assessment | $1,858,365 CAD |
Property Taxes
Parcel Number
064-39-90
Land Assessment
$232,572 CAD
Improvements Assessment
$1,625,793 CAD
Total Assessment
$1,858,365 CAD
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579 Armstrong Way
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