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1300 N Carpenter Road - Chevron, Modesto, CA

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1300 N Carpenter Road - Chevron

Modesto, CA 95351-1164 - Modesto Submarket

Property Type:Retail Sub Type:Service Station Status:Existing Year Built:1975
Building Size:11,854 SF Land Area:.96 AC (41,774 SF)
For Sale Price:$2,200,000 Price/SF:$185.59
Cap Rate:6.00 %
Parking:10 Surface spaces are available; Ratio of .92/1,000 SF
Features:Pylon Sign, Signalized Intersection

This 10,900 sf building is ideally situated at the NEC of the signalized intersection of Woodland Ave. and Carpenter Rd., a major North-South corridor. Subject property sits diagonally from an Arco/Am Pm and within a 1 block radius of Home Depot, Zero’s Subs, a new center currently under construction, Kragen Auto Parts, Wendy’s, Econo Lube ‘n’ Tune, Valero, Wienerschnitzel, Social Security and Quizno’s, to name a few.

Sale Notes:
Chevron and shops is an 11,854 square foot commercial complex anchored by a Chevron Gas
and convenience store operated by a local franchise who just extended their lease for another
ten years plus two five year options. Other tenants include a Wells Fargo ATM, and month to
month tenants -a towing company and food truck. There are vacant retail and industrial spaces
that add value to the hands-on investor. The property also benefits from its M-1 zoning which
allows a broad range of uses.

Kidder Mathews
Robert Pechal
(916) 751-3634

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