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1117 Lone Palm Ave 5,600 SF 100% Leased Office Building Modesto, CA 95351 $1,298,698 CAD ($231.91 CAD/SF)

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Investment Highlights

  • Centrally located, immediate access to 99
  • Spacious office with flexible layout
  • Proximity to major retailers
  • Zoning allows for a variety of business uses
  • Ample parking

Executive Summary

This 5,600 SF office features two suites at 2,800 SF each, ample off-street parking and proximity to major access roads, CA99, and 132. A new 5-year Lease executed 1/2026 yields $3,500 per month in income for unit A, while unit B is MTM at $4,000 and offers occupancy for owner-operators. Located in the Emerald Industrial Business Park, this property is zone IBP for symbiotic business operations and controlled uses. Positioned just off 99, this location offers easy access and is suitable for a variety of uses.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
5,600 SF
Building Class
C
Year Built
1979
Price
$1,298,698 CAD
Price Per SF
$231.91 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,800 SF
Building FAR
0.27
Lot Size
0.47 AC
Zoning
IBP - Industrial, County, IBP

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

Atlas Technical Consultants est une entreprise de services d'infrastructure et d'environnement dont le siège est au Texas. Atlas offre des services professionnels de test, d'inspection, d'ingénierie, d'environnement et de consultation à des clients dans les secteurs du transport, commercial, de l'eau, gouvernemental, éducatif et industriel. La société exploite plus de 100 bureaux dans 43 États et emploie plus de 3 500 professionnels. Atlas a été initialement formée par la fusion de plusieurs entreprises régionales d'ingénierie et de test et s'est développée grâce à des acquisitions stratégiques. En 2023, Atlas a été acquise par la société de capital-investissement GI Partners dans une transaction évaluée à environ 1,05 milliard de dollars, passant de son statut antérieur de société publique cotée au NASDAQ.

  • Echenique Company Limited Inc
  • Finance and Insurance
  • -
  • $20.35 CAD
  • Modified Gross
  • Dec 2030
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Professional, Scientific, and Technical Services - - - -
Echenique Company Limited Inc Finance and Insurance - $20.35 CAD Modified Gross Dec 2030

Property Taxes

Property Taxes

Parcel Number
029-11-76
Land Assessment
$198,319 CAD
Improvements Assessment
$555,297 CAD
Total Assessment
$753,616 CAD
  • Listing ID: 39695856

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 1117 Lone Palm Ave, Modesto, CA 95351

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