3500 Sisk Rd
Modesto, CA 95356
North Modesto
HIGHLIGHTS
- Absolute NNN Sale-Leaseback: 17,995 SF facility with a corporate-guaranteed lease requiring zero landlord maintenance or expense responsibility.
- Terms include 10% rent increases every five years and two 5-year renewal options.
- Top Tier Performance: High-volume location ranked in the 79th percentile (top 21%) of La-Z-Boy stores nationally, recording over 20,300 visits
- Brand Strength: La-Z-Boy (NYSE: LZB) is a legacy brand with nearly 100 years of operation and nationwide name recognition.
- Resilient Asset Class: Internet-resistant tenancy; the “try-before-you-buy” nature of furniture ensures long-term utility of the physical showroom.
- Prime Retail Corridor: Located on Sisk Rd (11,500+ VPD) near Vintage Faire Mall, Modesto’s primary regional shopping destination.
FOR SALE DETAILS
PRICE
$5,333,000 USD
PRICE/SF
$296 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
La-Z-Boy
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.76 AC
LAND SF
33,106 SF
ZONING
-
APN/PARCEL ID
076-48-14
ASK ABOUT THIS PROPERTY
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415-509-6276
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415-509-6276
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