$1,900,000 USD
951-847-4541
3225 Mchenry Ave
Modesto, CA 95350
Northwest Modesto
HIGHLIGHTS
- Investment-Grade A- Rated 7-Eleven with Corporate Guarantee and 7.5 Years Remaining on Lease
- Hard Signalized Corner Location on McHenry Avenue with 37,000+ Vehicles Per Day Traffic
- Absolute NNN Lease with 10% Rental Increases Every 5 Years and Four 5-Year Options
- Below Market Rent Providing Additional Security for Long-Term Tenant Viability at Location
- Proven 12+ Year Operating History with Early Option Renewal Demonstrating Strong Commitment
- Dense Infill Market with 128,000+ Residents Within 3 Miles Supporting Convenience Retail
FOR SALE DETAILS
PRICE
$1,900,000 USD
PRICE/SF
$317 USD /SF
CAP RATE
4.69%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.32 AC
LAND SF
13,939 SF
ZONING
-
APN/PARCEL ID
055-23-33
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951-847-4541
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951-847-4541
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