HIGHLIGHTS:
- Fully Leased Investment
- Traffic count over 14,500 on Paradise Rd & 5,000+ on Sutter
- Densely Populated Area with population over 250,000
- Large quantity of onsite parking.
SALE PRICE
$7,228,400.00
NOI $433,704.00 PER YEAR
CAP 6.00%
MODESTO:
The city of Modesto is located in the heart of one of the largest agricultural areas in the nation the San Joaquin Valley. Modesto’s central location puts you within a short drive of the ocean, mountains and some of the nation’s most renowned parks. Modesto has the diversity and facilities of a metropolitan city, but still maintains an atmosphere of old fashioned hospitality. Centrally located on Highway 99, Modesto is easily accessible from throughout California.
MORE HIGHLIGHTS:
- Optimal Demographics for Dollar Store
- Traffic Count Over 14,500 on Paradise Rd & 5,000+ on Sutter Ave.
- Building Built in 1977 with Renovations Done Recently
- Family Dollar with 7 Years Remaining on Original Lease
- Densely Populated Area With Population Over 250,000 and Over 81,00 Households in 5 Mile Radius
- Property Includes a National Tenant, Two Cell Towers & Parking Lease With Bank Of America
- Large Quantity of Onsite Parking
- Nearby National Tenants Jack in the Box, Walgreens, Subway, Bank of America, O´Reilly Auto Parts, Auto Zone
420-452 Paradise Road, Modesto, CA
DANIEL MUELLER
Executive Director
916 704 9341
dmueller@muellercommercial.com
Cal DRE# 01829919
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