For Sale
$1,600,000

3600 Sisk RdModesto, CA 95356

7,080 SF, High-Traffic Location, Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property, located at 3600 Sisk Road, Building 2 Condo 1, Modesto, CA 95356, presents a compelling investment opportunity. The 7,080 square foot building, constructed in 1981 and renovated in 1997, boasts a prime location on Highway 99 (Sisk Road), between Standiford and Pelandale Roads. Its versatile configuration includes spaces suitable for grocery, storefront, and traditional office uses. The property sits amidst a thriving commercial area exceeding 3,000,000 square feet of retail space, including major retailers like Costco, Lowe's, Target, and more. The asking price is $1,600,000, translating to $225.99 per square foot. While the current NOI is $0, a pro-forma NOI of $106,200 projects a 6.64% pro-forma cap rate. This presents a significant value-add opportunity for an investor seeking to increase cash flow or an owner-occupier looking to reduce overhead. The property features one building with one story and is identified by APNs 076-079-003-000 and 076-079-004-000. Its strategic position near Modesto Junior College and major shopping centers ensures high visibility and strong foot traffic. This is a rare chance to acquire a commercial building on Modesto's premier retail corridor.

Highlights

  • Prime commercial building/condo for sale on Modesto's premier Sisk Road retail corridor, near Highway 99.
  • Excellent location between a major power center (Target, Best Buy, ULTA, Ross, TJ Maxx) and Vintage Faire Mall.
  • Strong cash flow, ideal for owner-occupancy with potential for rent/mortgage offset.

Property Details for 3600 Sisk Rd

Property type
Retail properties, Office properties
Square Feet
7,080 SF
Year Built/Renovated
1981/1997
Buildings
1
Stories
1

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.6901931
Longitude
-121.0604731
3600 Sisk Rd, Modesto, California

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3600 Sisk Rd
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