About This Restaurant
Investment Highlights
Executive Summary
This property offers a freestanding pad in a large retail center with high traffic counts and features a strong tenant NNN leased investment with long term lease in place.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 3,150
- Building Class B
- Year Built/Renovated 1979/2020
- Price 1,525,000
- Price Per SF 484
- Cap Rate 5.75
- NOI 87,688
- Tenancy Single
- Building Height 1 Story
- Land Acres 17.87 AC
Nearby Amenities & Transportation
| Retail | Round Table Pizza | ||
| Retail | Bank of Montreal | ||
| Retail | Planet Fitness | ||
| Retail | Rent-A-Center | ||
| Retail | Bank of America | ||
| Retail | Chase Bank | ||
| Retail | Citi | ||
| Retail | Panda Express | ||
| Retail | Baja Fresh? | ||
| Retail | Starbucks |
Property Taxes
| Parcel Number | 067-33-27 | Improvements Assessment | $529,267 |
| Land Assessment | $2,894,226 | Total Assessment | $3,423,493 |
| Date Created: | 2024-07-16 04:09:23 | Last Updated: | 2024-07-16 04:09:23 |
| Address: | 2401 E Orangeburg Ave , Modesto, California, 95355 | ||