Great opportunity to acquire an attractive 2-tenant retail building that was newly constructed in 2019. This property was designed to accommodate a +/-2,472 sq. ft. Burger King that is equipped with a drive through lane. The remaining +/-3,017 sq. ft. space was leased to Round Table Pizza that reflects the chain's new restaurant design.
Both tenants are on triple net (NNN) lease with attractive rent increases every 5 years. This property is located in Stanislaus County, just 27 miles southeast of Tracy and 29 miles southwest of Modesto. Tenant's enjoy this location being situated down the street from the local high school and elementary school. City population reported at 25,868 and growing because this community is luring many commuters seeking lower home prices than those available in the Bay Area metro.
Del Puerto Medical Center recently acquired the 17 acre parcel directly behind the subject property and will soon develop a new hospital, senior care facility and medical offices that will draw additional traffic to this area.