$225,000 PRICE REDUCTION! MOTIVATED SELLER! • Current cap rate 5.86% | Pro Forma Cap rate 9.31% • 100% Occupied • 1028 11th St: 3,000 SF restaurant suite occupied by neighboring gastropub • 1030 11th St: 1,786 SF Office suite occupied by Learning Quest • 1032 11th St: 6,579 SF Office suite occupied by Stanislaus Literacy Center • Located in the heart of Downtown Modesto, across from City Hall • Lease rates are below market, creating a value-add opportunity • Small parking lot in rear of property with 12 tandem spaces (24 total) • Six (6) of seven (7) HVAC units were replaced in July 2016 . • The seventh (7th) HVAC unit was replaced July 17, 2023. • May 2012 parking lot at the rear of the building was removed, graded and replaced with 3" of asphalt and striped 12 tandem parking spaces. • Two bathrooms were updated in March 2022 (1030 11th St) • January 2024 stucco soffits were replaced at the building entrance with metal underneath instead of stucco. • November 2023, roof maintenance completed with a new drain installed and part of the roof was replaced at the front of the building.