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Kiernan Business Center 4230 Kiernan Ave 42,423 SF 65% Leased Flex Building Modesto, CA 95356 $7,328,580 CAD ($172.75 CAD/SF)

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EXECUTIVE SUMMARY

Located in Modesto, CA, 4230 Kiernan Avenue is a flex office and warehouse facility offering ±42,423 SF of rentable square feet across two stories. Currently 100% leased with a diverse tenant base. With 24-hour access, a fenced lot, skylights, and proximity to public transit, this property represents a compelling investment opportunity in a market with a low current vacancy rate and positive growth trends. Built in 1992 with reinforced concrete construction, this property boasts a 24-foot building height, a clear height of 16 feet, and slab-to-slab spacing of 12 feet. Designed for multi-tenancy, it features seven drive-in doors (12' wide by 16' high), wet sprinklers, and a parking ratio of 3.54 spaces per 1,000 square feet, supported by 150 surface parking spaces. Situated on 2.44 acres with a floor area ratio (FAR) of 0.40, the property offers immediate proximity to major transportation routes, HWY 99 & HWY 219.
The opportunity exists for an owner user to immediately occupy ±7,000 SF - ±15,000 SF of office in 2025 Summer.

PROPERTY FACTS

Price $7,328,580 CAD
Price Per SF $172.75 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Flex Research & Development
Building Class B
Lot Size 2.44 AC
Rentable Building Area 42,423 SF
No. Stories 2
Year Built 1992
Parking Ratio 3.54/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 7
Zoning P-I - Public Institutional, professional office, business office, meeting rooms, warehouse space.

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Property Manager on Site
  • Skylights
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • -
  • -

Azevedo Investment Corp is dedicated to providing investment management and strategic wealth planning to their clients. Simply put, they strive to be their client’s trusted advisor. As a financial advisory firm, their primary focus is to provide unbiased opinions that are designed to achieve long term investment results. Azevedo Investment Corporation does this with the highest levels of trust, integrity and respect while always collaborating using a team approach. They are dedicated to professionally supporting, educating, and providing informed direction to each and every client.

  • Administrative and Support Services
  • -
  • -
  • -
  • -

Cal-Med Central Billing's goal is to be your office staff outside your office. Through EHR software integration, their services will be designed specifically for YOUR practice improving cash flow and reducing your workload.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

CTE Cal, Inc. (CTE) was previously part of Construction Testing & Engineering, Inc., which was founded in 1989 with two engineers and an engineering geologist. In 2014, the founding owner decided to make a local commitment to the Northern California division. As a result, the company is locally owned with decisions affecting their clients coming from their local offices. Changing to a locally owned company has resulted in a significant increase in staff and resources to support client’s projects in Northern California and Nevada. CTE has three (3) regional offices in Northern California including the corporate office in Sacramento, and branch offices in Fremont (SF BAY area) and Modesto CA.

  • Premier Orthopedics
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

Primerica is a financial services company serving the middle-income market in the U.S., Canada, Puerto Rico and Guam. In 1977, they pioneered the “Buy Term and Invest the Difference” philosophy which solves two of the biggest financial needs nearly every family faces – income protection with term life insurance and saving for the future with a sound investments strategy. Primerica uses their complimentary, confidential, and customized Financial Needs Analysis (FNA) to help clients understand where they are financially and to map out a program to achieve their goals!

  • Construction
  • -
  • -
  • -
  • -

Royal Glass is established as one of the larger premier Glass and Glazing Companies in the Region. The continued growth and success is due to the quality of services offered and well executed workmanship to owners, architects, general contractors and their projects.

  • Manufacturing
  • -
  • -
  • Negotiable
  • Feb 2023

Since 1974 Ten-Four Communications has provided solutions for nearly every type of customer. Though their product line has changed, their philosophy has been the same from day one, each and every time, they offer the highest quality products and unmatched customer service they have available. Technology is changing their world at an incredible pace. You can count on Ten Four Communications to have solutions, whether you are an individual or large corporation, that will meet your needs and provide you the best possible value.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - - - -
Administrative and Support Services - - - -
Professional, Scientific, and Technical Services - - - -
Premier Orthopedics Health Care and Social Assistance - - - -
Finance and Insurance - - - -
Construction - - - -
Manufacturing - - Negotiable Feb 2023

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 110B
  • 1,014 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 120
  • 1,475 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 130
  • 6,008 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 210
  • 3,428 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 230
  • 1,047 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 240
  • 2,058 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 110B 1,014 SF Office - Now
1st Fl-Ste 120 1,475 SF Office - Now
1st Fl-Ste 130 6,008 SF Office - Now
2nd Fl-Ste 210 3,428 SF Office - Now
2nd Fl-Ste 230 1,047 SF Office - Now
2nd Fl-Ste 240 2,058 SF Office - Now

1st Fl-Ste 110B

Size
1,014 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 120

Size
1,475 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 130

Size
6,008 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 210

Size
3,428 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 230

Size
1,047 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 240

Size
2,058 SF
Space Use
Office
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
135-44-38
Land Assessment
$1,775,054 CAD
Improvements Assessment
$4,141,794 CAD
Total Assessment
$5,916,848 CAD
  • Listing ID: 34777301

  • Date on Market: 2025-02-10

  • Last Updated:

  • Address: 4230 Kiernan Ave, Modesto, CA 95356

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