2000 McHenry Ave - Auto Repair FOR SALE


Modesto, CA 95350- Northwest Modesto
$3,140,000 USD
949-506-2007
2000 McHenry Ave, Modesto, CA for Sale
$3,140,000 USD
Auto Repair - FOR SALE
1/10
null | 5.85% Cap Rate

2000 McHenry Ave
Modesto, CA 95350
Northwest Modesto


HIGHLIGHTS

  • Franchisee Guaranteed Lease | Long-Term Stability
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized Retail Corridor | McHenry Avenue | Excellent Visibility & Access
  • Exclusive Franchise Growth Commitment | California Expansion
  • Prime Modesto Retail Corridor | Adjacent to Walmart & Regional Power Centers
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 Oil Change investment property located at 2000 McHenry Avenue, Modesto, CA. The tenant, T5 CVC Operations, LLC, will sign a new, 15-year lease at the close of escrow (sale-leaseback) with three (3) 5-year options and one (1) 4-year, 11-month option to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,140,000 USD

PRICE/SF

$1,757 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change | New 15yr Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

C-3

APN/PARCEL ID

120-46-51

ASK ABOUT THIS PROPERTY

Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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