Building 2 | 3600 Sisk Rd
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Building 2 3600 Sisk Rd
14,055 SF 100% Leased Retail Building Modesto, CA 95356 $3,000,000 ($213/SF) 6.64% Cap Rate
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
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.
Cash flowing investment with flexibility for an owner/user to occupy “rent/mortgage free”.
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.
Cash flowing investment with flexibility for an owner/user to occupy “rent/mortgage free”.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,055 SF
Building Class
B
Year Built
1981
Price
$3,000,000
Price Per SF
$213
Cap Rate
6.64%
NOI
$199,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Land Acres
0.61 AC
Parking
248 Spaces (17.64 Spaces per 1,000 SF Leased)
Nearby Major Retailers
1 of 8
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Building 2 | 3600 Sisk Rd
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