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3600 Sisk Rd - Condo 2, Building 2
6,975 - 7,080 SF Retail Units Offered at £1,262,400 - £1,286,070 Per Unit in Modesto, CA 95356
Investment Highlights
- Rare opportunity to purchase a commercial building or condo on Modesto’s preferred retail corridor along Sisk Rd and Highway 99
- Cash flowing investment with flexibility for an owner/user to occupy “rent/mortgage free”
- Centrally located between a Power Shopping Center (Target, Best Buy, ULTA, Ross, TJ Maxx) and Vintage Faire Mall
Executive Summary
Vintage Faire North is conveniently located off of HWY-99, between the Vintage Faire Mall and the Target Shopping Center. This prime location attracts shoppers from Turlock, Modesto, Ripon and Manteca. Newly renovated property improvements with convenient & abundant parking.
Property Facts
Price | £1,262,400 - £1,286,070 | Building Class | C |
Unit Size | 6,975 - 7,080 SF | Number of Floors | 1 |
No. Units | 2 | Typical Floor Size | 14,055 SF |
Total Building Size | 14,055 SF | Year Built | 1981 |
Property Type | Retail | Lot Size | 0.49 AC |
Property Subtype | Storefront Retail/Office |
Price | £1,262,400 - £1,286,070 |
Unit Size | 6,975 - 7,080 SF |
No. Units | 2 |
Total Building Size | 14,055 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Building Class | C |
Number of Floors | 1 |
Typical Floor Size | 14,055 SF |
Year Built | 1981 |
Lot Size | 0.49 AC |
2 Units Available
Unit 1
Unit Size | 7,080 SF | Unit Use | Retail |
Price | £1,262,400 | Sale Type | Investment |
Price Per SF | £178.31 |
Unit Size | 7,080 SF |
Price | £1,262,400 |
Price Per SF | £178.31 |
Unit Use | Retail |
Sale Type | Investment |
Sale Notes
The XCS Team is proud to offer a unique investment opportunity to purchase a professional commercial highway building in Modesto California
The subject property is a value-add investment and offers the ability to improve the cash flow as well as the opportunity to owner/occupy the asset thus reducing and eliminating your real estate overhead.
The property is centrally located on Highway 99 (Sisk Rd) between Standiford and Pelandale Road and surrounded by over 3,000,000 sq ft of commercial retail properties.
The trade area includes Modesto Jr College, Costco, Lowes, Target, TJ Maxx, BevMo, Ulta, Dicks Sporting Goods, Apple, Macy’s, etc.
Unit 2
Unit Size | 6,975 SF | Sale Type | Investment |
Price | £1,286,070 | Net Initial Yield | 5.01% |
Price Per SF | £184.38 | NOI | £64,432.10 |
Unit Use | Retail | APN/Parcel ID | 076-079-004-000 |
Unit Size | 6,975 SF |
Price | £1,286,070 |
Price Per SF | £184.38 |
Unit Use | Retail |
Sale Type | Investment |
Net Initial Yield | 5.01% |
NOI | £64,432.10 |
APN/Parcel ID | 076-079-004-000 |
Description
81.5% Leased 6,975 SF condo divided into 4 spaces. 3 out of 4 spaces currently leased.
Sale Notes
The XCS Team is proud to offer a unique investment opportunity to purchase a professional commercial highway building in Modesto California
The subject property is a value-add investment and offers the ability to improve the cash flow as well as the opportunity to owner/occupy the asset thus reducing and eliminating your real estate overhead.
The property is centrally located on Highway 99 (Sisk Rd) between Standiford and Pelandale Road and surrounded by over 3,000,000 sq ft of commercial retail properties.
The trade area includes Modesto Jr College, Costco, Lowes, Target, TJ Maxx, BevMo, Ulta, Dicks Sporting Goods, Apple, Macy’s, etc...
Amenities
- Courtyard
- Freeway Visibility
- Pylon Sign
- Security System
- Signage
Nearby Major Retailers
zoning
Zoning Code | MODPD |
MODPD |
Presented by
3600 Sisk Rd - Condo 2, Building 2
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