1420 Mchenry Ave - Fast Food FOR SALE
Modesto, CA 95350 |
1420 Mchenry Ave
Modesto, CA 95350
HIGHLIGHTS
- Solid location on McHenry Ave, one block north of Orangeburg Ave.
- Solid tenant; Sonic Burgers has been here 20 years.
- 1st 5-year option just signed, ends in Sep 2028. 2nd 5-year options remain with 10% increase.
- Net Ground Lease; Tenant pays all, except a small portion of property taxes paid by Landlord.
- Location; within 1-2 blocks… lots of retail, restaurants, Doctor’s Medical Center & ER, the Black Medical Building, and much more.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
SONIC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
1608
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
031-03-79
