Log In/Sign Up
Your email has been sent.
Fully Leased Investment, Retail Corridor 2501 McHenry Ave 24,032 SF 100% Leased Retail Building Modesto, CA 95350 $5,261,328 CAD ($218.93 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Fully occupied multi-tenant retail center with stable in-place cash flow
- Diverse tenant mix providing predictable income and long-term stability
- Located within a dense, established retail trade area with strong consumer demand
- Value-add opportunity through below-market rents and future lease rollovers
- Prominent visibility along the high-traffic McHenry Avenue retail corridor
- End-cap restaurant space, ample parking, and existing building/monument signage enhance tenant exposure and customer traffic
Executive Summary
Fully leased investment with long-term gross leases.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
24,032 SF
Building Class
B
Year Built
1979
Price
$5,261,328 CAD
Price Per SF
$218.93 CAD
Cap Rate
7.50%
NOI
$394,600 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
1.35 AC
Zoning
MU-H - Mixed Use Highway Oriented
Parking
40 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
131’ on McHenry Ave
Amenities
- Restaurant
- Signage
- Monument Signage
- Balcony
- Awning
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 059-04-13 | Improvements Assessment | $2,391,561 CAD |
| Land Assessment | $490,289 CAD | Total Assessment | $2,881,850 CAD |
Property Taxes
Parcel Number
059-04-13
Land Assessment
$490,289 CAD
Improvements Assessment
$2,391,561 CAD
Total Assessment
$2,881,850 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Fully Leased Investment, Retail Corridor | 2501 McHenry Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.