1800 Prescott Rd - Retail FOR SALE


Modesto, CA 95350- Northwest Modesto
$7,185,000 USD
209-300-7015
1800 Prescott Rd, Modesto, CA for Sale
$7,185,000 USD
Retail - FOR SALE
1/7
null | 7.15% Cap Rate

1800 Prescott Rd
Modesto, CA 95350
Northwest Modesto


HIGHLIGHTS

  • Briggsmore Plaza is a 100% Leased Multi-tenant Shopping Center.
  • Briggsmore Plaza Shopping Center is situated in a high traffic, retail corridor of Modesto, CA that is off Highway 99.
  • Dense In-Fill location with a 5-mile Density Population of 224,319 with an Ave HH Income of $109,455.

OVERVIEW

Briggsmore Plaza Shopping Center, NNN Investment Opportunity, 100% Leased, anchored by In-Shape Family Fitness and Grocery Outlet(NAP). This is a multi-tenant investment opportunity with three (3) tenants: In-Shape Family Fitness, Trinity Thrift, and Modesto Oriental Grocery & Deli. In-Shape has 6+ years remaining on the lease term, Trinity Thrift has 6+ years left remaining on the lease term, and Modesto Oriental Grocery & Deli has 2+ years remaining on the lease term with renewal options. Modesto Oriental Grocery and Deli has been operating from this space since 2002.

FOR SALE DETAILS

PRICE

$7,185,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

5.06 AC

LAND SF

220,414 SF

ZONING

P-D

APN/PARCEL ID

060-22-10

ASK ABOUT THIS PROPERTY

Brian HeronCommercial Retail AssociatesMore Info
209-300-7015

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Brian HeronCommercial Retail AssociatesMore Info
209-300-7015

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.