4230 Kiernan Ave - R&D FOR SALE


Modesto, CA 95356
$5,250,000 USD
209-604-8516
4230 Kiernan Ave, Modesto, CA for Sale
$5,250,000 USD
R&D - FOR SALE
1/9
null | Request Cap Rate

4230 Kiernan Ave
Modesto, CA 95356


OVERVIEW

Located in Modesto, CA, 4230 Kiernan Avenue is a flex office and warehouse facility offering ±42,423 SF of rentable square feet across two stories. Currently 100% leased with a diverse tenant base. With 24-hour access, a fenced lot, skylights, and proximity to public transit, this property represents a compelling investment opportunity in a market with a low current vacancy rate and positive growth trends. Built in 1992 with reinforced concrete construction, this property boasts a 24-foot building height, a clear height of 16 feet, and slab-to-slab spacing of 12 feet. Designed for multi-tenancy, it features seven drive-in doors (12' wide by 16' high), wet sprinklers, and a parking ratio of 3.54 spaces per 1,000 square feet, supported by 150 surface parking spaces. Situated on 2.44 acres with a floor area ratio (FAR) of 0.40, the property offers immediate proximity to major transportation routes, HWY 99 & HWY 219. The opportunity exists for an owner user to immediately occupy ±7,000 SF - ±15,000 SF of office in 2025 Summer.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Kiernan Business Center

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.44

LAND SF

106,286

ZONING

P-I

APN/PARCEL ID

135-44-38

ASK ABOUT THIS PROPERTY

Randy High, Jr., CCIMPMZ CommercialMore Info
209-604-8516

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Randy High, Jr., CCIMPMZ CommercialMore Info
209-604-8516

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