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- LoopNet Team
1300-1360 W Main St
Turlock, CA 95380
West Main Marketplace · Retail Property For Sale
PROPERTY FACTS
- Storefront Retail/Office
- General Retail Supermarket
- General Retail Health Club
- 369 FT on Main St
- 458 FT on Soderquist Rd
Amenities
- Signage
About 1300-1360 W Main St , Turlock, CA 95380
Marcus & Millichap has been selected to exclusively market for sale West Main Marketplace in Turlock, California. The 112,460-square foot center possesses excellent visibility and accessibility, located only one-quarter mile from Highway 99, where traffic counts exceed 80,000 vehicles per day. Anchored by Stanislaus County, Grocery Outlet, and Dollar Tree, the center is strategically located within a neighborhood where the demographic profile represents their target market. Other tenants include a fitness center, trade school, recreation and entertainment uses, and cell phone service provider. West Main Marketplace enjoys a unique mix of tenants that are internet resistant and meet the daily needs of the surrounding community. The asset offers long-term leases and limited near-term rollover; only 1.0 percent of the gross leasable area (GLA) will roll to market during the next six years. Recently, Stanislaus County signed a new 10-year lease for about 31 percent of the GLA. The County has a credit rating of AA- from Standard and Poor’s and accounts for 48 percent of the income for the property. Furthermore, more than 63 percent of the rental income for the property is from government or corporate tenants, creating a safe and stable income stream for the investor.
PROPERTY TAXES
Parcel Number | 050-01-34 | Improvements Assessment | $16,142,215 |
Land Assessment | $2,449,765 | Total Assessment | $18,591,980 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 12141303
Date on Market: 4/4/2018
Last Updated:
Address: 1300-1360 W Main St, Turlock, CA 95380
The Retail Property at 1300-1360 W Main St, Turlock, CA 95380 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.