1901 Prescott Rd - Auto Repair FOR SALE


Modesto, CA 95350- Northwest Modesto
$1,350,000 USD
562-977-8565
1901 Prescott Rd, Modesto, CA for Sale
$1,350,000 USD
Auto Repair - FOR SALE
1/4
null | 5.78% Cap Rate

1901 Prescott Rd
Modesto, CA 95350
Northwest Modesto


HIGHLIGHTS

  • Stabilized NNN Investment with in-place automotive tenant
  • Prime Signalized Corner Exposure in high-traffic Orange County corridor
  • High-Performing Automotive Use with 5 service bays
  • Exceptional Visibility & Access at major intersection
  • Dense, High-Income Trade Area driving long-term tenant demand
  • Located in Supply-Constrained Coastal Market

OVERVIEW

Single-tenant NNN automotive investment located on a signalized corner at Lincoln Ave & Knott Ave in Buena Park, CA. The ±3,850 SF building features a 5-bay service facility with strong visibility and traffic counts of ±29K–36K VPD. Leased to an established operator, the property offers stable, passive income in a dense Orange County market with over 247K residents within 3 miles. This is an investment property for sale with an existing long-term single tenant with a 15 year-lease term that commenced on September 1, 2022, with two (2) 5-year options.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

5.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

005-82-32

ASK ABOUT THIS PROPERTY

Ara TchaghlassianAvant Real Estate, Inc.More Info
562-977-8565

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Ara TchaghlassianAvant Real Estate, Inc.More Info
562-977-8565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.