OFFERING MEMORANDUM. West Elm Street Lodi, California 95240

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1 OFFERING MEMORANDUM T H E M E R L O T B A N Q U E T H A L L 23 West Elm Street Lodi, California 95240

2 THE MERLOT BANQUET HALL: Ask any local Lodian about the Merlot Banquet Hall and chances are they have attended events at the facility on multiple occasions. The hall has become an iconic landmark to Lodi s popular Downtown corridor. The Merlot Banquet Hall was originally built by Paramount Pictures as a state theater in By 1999, the building was converted to a banquet hall and has operating as such ever since. Today, this elegant, 7,500 square foot facility has been host to an abundance of events, which include weddings, birthday parties, reunions, bridal parties, viewings, business meetings, and much, much more. The Merlot Banquet Hall provides an inviting foyer, a stage, a catering kitchen, a bar and a spacious dance floor. The hall has a second story, 800 square foot office space that overlooks the hall beneath. The acquisition of the Merlot Banquet Hall is an excellent opportunity for any investor to acquire the site for its continued current use, or to utilize the building for other business endeavors. building size: 7,500± SF lot size:.16± ACRES price per square foot: $96.66 accessors parcel #: OFFERING PRICE: $725,000 please visit:

3 PROPERTY PHOTOS

4 DOWNTOWN LODI subject property The merlot banquet Hall SCHOOL STREET MERLOT BANQUET HALL LOCATION L O D I, C A L I F O R N I A

5 NEARBY ATTRACTIONS WITHIN ONE BLOCK: The Brick House Restaurant - The Brick House Restaurant is currently under construction and is situated directly next door to The Merlot Banquet Hall. The restaurant is scheduled to be open and running in approximately 90 days. The Brick House currently has a very popular and successful location in Elk Grove. With this new location coming to Downtown Lodi, it is surely going to add to the areas success! Lodi Stadium 12 - The Lodi Stadium 12 is a state-of-the-art megaplex that is owned and operated by the Santa Rosa Entertainment Group (SREG). The movie theater has become a very popular destination for moviegoers from all over the surrounding towns. Within the last 2 years, the Lodi Stadium 12 underwent a very extensive $2.5 million dollar remodel that included fully-motorized, all leather recliners with movable snack tables, a new bar serving beer and wine, fresh new carpeting throughout, and an impressive, new snack bar serving gourmet food options. World of Wonders Science Museum (WOW) - The WOW Museum is an educational science museum that offers hands-on, science based exhibits and programs to stimulate discovery for children and families of all ages. Since opening their doors in 2009, the museum sees approximately 58,000 visitors per year, which include 12,000 students from school districts across the Central Valley. With such success, WOW Museum has just acquired the 5 buildings directly across the street from their current site, with plans currently underway to expand their facility by an additional 42,000 square feet of space. The new planned expansion is expected to cost an estimated $19 million, and will include a 60-foot-tall media dome where children can learn about the stars. New Bowling Alley - The Lodi Planning Commission has unanimously approved permits and plans for a new bowling alley and restaurant facility. Local developers will construct a 42,650 square foot bowling alley with 35 lanes, a 2,200 square foot restaurant, a 1,240 square foot kitchen and a 3,000 square foot banquet room. Papapavlo s Bistro - This iconic local, Mediterranean restaurant has been a favorite destination stop for many years in Stockton. The owners recently purchased a site in the heart of Downtown Lodi, with plans underway to build their second location. The site will include a new, 5,000 square foot Papapavlo s Bistro and will incorporate a fountain and a fire pit. Lodi Police Department, San Joaquin County Superior Court & City Hall - Just steps away from The Merlot Banquet Hall is the Lodi Police Department, the San Joaquin County Superior Court (Lodi Branch) and the Lodi City Hall. Downtown Lodi Wine Tasting Rooms - As one of California s top wine country destinations, Downtown Lodi offers more than a dozen wine tasting rooms from such beloved local wineries as; Dancing Fox, Jessie s Grove, Estate Crush, Weibel Family Vineyards, Jeremy Wine Co., to name just a few.

6 Downtown Lodi & Surrounding Region: The city of Lodi is located between the San Francisco Bay Area and Sierra Mountains. The town has gained nation recognition and is quickly emerging as one of California s most exciting wine destinations. Today, Lodi is home to more than 85 wineries, with approximately 65 regularly operating tasting rooms scattered throughout the city. Downtown Lodi has more than a dozen popular tasting rooms, an abundance of local restaurants and an multitude of local boutiques. Downtown Lodi has become an exciting destination spot for many. Downtown s unique charm consists of old-fashion brick streets, inlaid golden sidewalks, informational kiosks, colorfully patterned plants, and 30 foot tall sycamore streets. exclusively offered by: ADAM LUCATELLO SENIOR VICE PRESIDENT Direct adam.lucatello@colliers.com CA License No ANDY HODGSON VICE PRESIDENT Direct andy.hodgson@colliers.com CA License No COLLIERS INTERNATIONAL 3439 Brookside Rd, Suite 108, Stockton, CA