For Sale
$3,000,000

3600 Sisk RdModesto, CA 95356

High-yield retail building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 14,055 square foot mixed-use building situated on a 0.49-acre lot at 3600 Sisk Road, Building 2, Modesto, CA 95356. The property, built in 1981 and renovated in 1997, boasts a single story and features a storefront and traditional office space, currently occupied by three tenants under a NNN lease. The asking price is $3,000,000, translating to $213.45 per square foot. The current NOI is $63,265, yielding a 6.44% cap rate, while the pro-forma NOI is significantly higher at $193,262, also resulting in a 6.44% pro-forma cap rate. The land value alone is $210.01 per square foot. This strategically located property benefits from high visibility on Highway 99 (Sisk Rd), between Standiford and Pelandale Roads, surrounded by major retailers including Costco, Lowe's, Target, and more. The property's location offers significant potential for increased cash flow and owner-occupancy, reducing overhead costs. This presents a rare chance to acquire a commercial building in a high-demand Modesto retail corridor. APN: 076-079-003-000, 076-079-004-000.

Highlights

  • 14,055 SF mixed-use building on a 0.49-acre lot in Modesto, CA.
  • Strategically located on Sisk Road (Highway 99), near major retailers including Costco, Lowe's, and Target.
  • NNN leased to three tenants, generating a current NOI of $63,265 and a 6.44% cap rate; pro-forma NOI is $193,262, also at a 6.44% cap rate.
  • Asking price: $3,000,000 ($213.45/SF); land value alone is $210.01/SF.
  • Built in 1981, renovated in 1997; single-story building with storefront and office space.

Property Details for 3600 Sisk Rd

Property type
Specialty properties, Retail properties
Square Feet
14,055 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
37.6901931
Longitude
-121.0604731
3600 Sisk Rd, Modesto, California

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3600 Sisk Rd
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