2401 E Orangeburg Ave | Modesto, CA 95355
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2401 E Orangeburg Ave
Modesto, CA 95355
Century Center - Ridgeway's · Retail Property For Sale
Executive Summary
This property offers a freestanding pad in a large retail center with high traffic counts and features a strong tenant NNN leased investment with long term lease in place.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,600 SF
Building Class
C
Year Built/Renovated
1979/2020
Price
£1,900,990
Price Per SF
£339
Net Initial Yield
5.75%
NOI
£109,307
Tenancy
Single
Number of Floors
1
Building FAR
0.01
Lot Size
17.87 AC
Zoning
PD
Parking
40 Spaces (7.14 Spaces per 1,000 SF Leased)
Frontage
119 ft on Orangeburg Ave
PROPERTY TAXES
| Parcel Number | 067-33-27 | Improvements Assessment | £2,292,456 |
| Land Assessment | £419,221 | Total Assessment | £2,711,678 |
PROPERTY TAXES
Parcel Number
067-33-27
Land Assessment
£419,221
Improvements Assessment
£2,292,456
Total Assessment
£2,711,678
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