1500 Dallas, Modesto, CA 95358 | Listings

1500 Dallas, Modesto, CA 95358

  • $840,000
  • Year Built: 2004
  • Commercial
  • Listing #19069654

Property Description

$35,000 price reduction. Fully leased commercial building w/ 5000 sf with three well established tenants with Long term leases in place. This is an amazing income opportunity that boasts an incredible high traffic location with great visibility since it is on the corner of Hatch and Dallas. The well maintained building was built in 2004 and has ample parking and handicap spaces. The store has a potential triple net lease plus they maintain the grounds. The Church is in an gross lease plus there is a recycling center that generates additional income. There are 3% annual rent increases built into the leases and lease extensions. This is one of the best income opportunities out there. Don't miss your chance! Current cap rate is at 6.7% proforma is at 7%

Listing Details

Price$840,000
Year Built2004
Property TypeCommercial
Listing #19069654
StatusActive
CountyStanislaus
Listing TypeFor Sale

Interior Features

FloorsCombo of Materials
Heating and CoolingCentral

Exterior Features

ExteriorStucco
RoofMetal

Courtesy of Bethany J. Mendoza (License #01374874) and Tracee L. Storms (License #01219524), PMZ Real Estate

Sacramento MetrolistCopyright 2020, MetroList Services, Inc. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. IDX Content is provided via the Internet for consumers’ personal, non-commercial use. Terms of Use
This content last updated on 2/24/2020 7:51 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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