2020 Coffee Rd - Medical FOR SALE


Modesto, CA 95355- Northeast Modesto
$4,900,000 USD
408-879-4000
2020 Coffee Rd, Modesto, CA for Sale
$4,900,000 USD
Medical - FOR SALE
1/10
null | 7% Cap Rate

2020 Coffee Rd
Modesto, CA 95355
Northeast Modesto


OVERVIEW

Prime Commercial, Inc. is pleased to offer the Coffee Plaza Medical and Professional Offices for sale in Modesto, California. The property has an excellent location at the northeast corner of Celeste Drive and Coffee Road just two blocks north of Sutter Health Memorial Hospital, the region’s main medical and trauma center. The improvements were originally built as a garden-style, medical office complex and consists of 13 separate buildings with various size suites acceptable for both medical and general office needs. The site is rather large and is approximately 4.08 acres with an abundance of open surface parking stalls. Coffee Plaza Medical and Professional Offices represents a value-add opportunity for a prudent investor to increase cash flow and property value through building upgrades and lease negotiations.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coffee Plaza Medical and Professional Offices

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

175

LAND DETAILS

LAND ACRES

4.08 AC

LAND SF

177,725 SF

ZONING

P-D

APN/PARCEL ID

066-15-02

ASK ABOUT THIS PROPERTY

Doug FerrariPrime Commercial, Inc.More Info
408-879-4000

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Doug FerrariPrime Commercial, Inc.More Info
408-879-4000

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