• List price of $15,000,000.00 yielding a 5.5% Cap Rate • Extremely stable 97% leased complex with many long-term tenants. The largest tenant has occupied the Park for approximately 40 years. • Many leases are well below market creating a great “value add” opportunity. Rents could rise significantly on a couple units with minimal tenant improvement investment such as new offices and restrooms. Staggered lease termination dates with only one tenant having a renewal option. • The Park has appealed to and retained many excellent credit tenants due to its attractive features including, but not limited to, generous parking / staging areas, a variety of space configurations and proximity to Modesto’s growing downtown. • The Modesto submarket industrial inventory is approximately 31,051,000 square feet with occupancy currently estimated to be 99.2%. Source Costar 4th Quarter 2022.