For Sale
$1,800,000

3600 Sisk RdModesto, CA 95356

High-Yield Retail/Office Complex, 8,571 SF

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property, located at 3600 Sisk Road in Modesto, CA, presents a compelling investment opportunity. The 8,571 square foot building, constructed in 1981 and renovated in 1997, sits on a 0.49-acre lot (APN 076-079-002-000) and boasts a strong 6.48% cap rate with a current NOI of $116,581. The asking price is $1,800,000 ($210.01/SF). Currently 100% leased to three tenants under a NNN lease structure, this single-story building offers a diverse mix of office and retail spaces. Its prime location offers excellent highway visibility and accessibility, with Highway 99 frontage and access from Sisk Road, including prominent highway monument signage. Ample parking and multiple curb access points cater to tenants and customers. The property benefits from a secure environment with gates and cameras, and enjoys a strategic position between major shopping centers, including Vintage Faire Mall. This well-maintained property, situated in a professional business park with complementary co-tenants, provides a stable income stream and significant upside potential, offering below replacement cost with rental income upside. The property's location in Modesto, a growing transportation hub, ensures continued strong demand and occupancy.

Highlights

  • 100% leased multi-tenant retail strip center in prime Modesto location, adjacent to Golden State Highway.
  • Excellent access to high commuter and residential traffic counts near major retailers (Target, TJ Maxx).
  • Strong, stable occupancy due to desirable location and below-replacement-cost pricing.
  • 100% occupancy with rental income upside potential.

Property Details for 3600 Sisk Rd

Property type
Retail properties, Office properties
Square Feet
8,571 SF
Year Built/Renovated
1981/1997
Buildings
1
Stories
1
Lot Size (sq. ft)
21,344 SF

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.691079806205
Longitude
-121.06143364536
3600 Sisk Rd, Modesto, California

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3600 Sisk Rd
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