For Sale | Condo 2, Building 2, 3600 Sisk Rd. Modesto, CA

3600 Sisk Road | Modesto, CA
Office/Retail
$1,630,000

The XCS Team is proud to offer a unique investment opportunity to purchase a professional commercial condo in Modesto California.  The subject property is a value-add investment and offers the ability to improve the cash flow as well as the opportunity to owner/occupy the asset thus reducing and eliminating your real estate overhead. The property is centrally located on Highway 99 (Sisk Rd) between Standiford and Pelandale Road and surrounded by over 3,000,000 sq ft of commercial retail properties. The trade area includes Modesto Jr College, Costco, Lowes, Target, TJ Maxx, BevMo, Ulta, Dicks Sporting Goods, Apple, Macy’s, etc.

HIGHLIGHTS

Cash flowing investment with flexibility for an owner/user to occupy “rent/mortgage free”.

Centrally located between a Power Shopping Center (Target, Best Buy, ULTA, Ross, TJ Maxx) and Vintage Faire Mall

Cash flowing investment with flexibility for an owner/user to occupy “rent/mortgage free”

Rare opportunity to purchase a commercial condo on Modesto’s preferred retail corridor along Sisk Rd and Highway 99

Sale Price:
$1,630,000
Price Per Sq Ft:
$233.69
Parcel Size:
0.49 AC
Building Size:
6,975 SF
Cap Rate:
5.01%
Pro Form Cap Rate:
7.0%
NOI:
$81,683
Tenant Lease Type:
NNN

Additional Images

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