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The Commercial Connection |
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Dave Tanner 209-758-3108 dtanner@prucommercialre.com |
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The Commercial Connection |
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Dave Tanner 209-758-3108 dtanner@prucommercialre.com |
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1335 Yosemite Blvd., Modesto, CA Location: At the northwest corner of Yosemite Blvd. and La Loma Ave. with access from both streets. Size: Building is 7,152+/- square feet. Lot size is 43,124+/- square feet. Zoning: C-2 (General Commercial): Allows a wide variety of uses. Parking: 6 spaces per 1,000 square feet. Traffic: 27,000+ vehicles per day on Yosemite Blvd. 14,000+ vehicles per day on La Loma Ave. Attributes: Attractive building. High traffic location. Great visibility. Excellent parking ratio. Can accommodate a wide variety of retail uses. Price: $1,080,000 Flyer Page 1 Flyer Page 2 Aerial Map Parcel Map Picture Picture Picture |
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The following properties are previously completed transactions. |
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7030 Hughson Ave., Hughson, CA
Sold Size: 4,000+/- square foot building on a 6,098+/- square foot lot. Location: Located on the south side of Hughson Ave. between Charles Street and Fourth Street in Hughson Central Business District. Zoning: The property is located in the Downtown Commercial Area as designated in the City of Hughson General Plan. General: Retail building built in 1968. Recently new HVAC system. Presently used as grocery store - will be closing. Convenient parking in front of building as well as small lot behind building. Good opportunity for owner/user or potential as an investment property. Price: $199,000 Note: This is a short sale subject to lender approval. Flyer PDF Flyer Page 2 PDF Map Parcel Map Picture Picture |
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4706 Broadway, Salida, CA
Sold Parcel Size: Approximately 9,148 square feet per assessor's records. Building Size: Approximately 2,360 square feet per assessor's records. Zoning: General Commercial (C-2). This is a broad commercial zoning category which allows such uses as: churches, day care centers, club houses, community centers, business and professional offices, clinics, restaurants, etc. Location: The property is located at the intersection of Broadway and Morgan in Salida, CA. Broadway is the main business street in the community of Salida. It is approximately 1/3 mile from the entrance ramp to SR 99. The building is located on a corner and has off-street parking in front and on the side as well as in the rear, which is a sizable parking lot. There is also convenient on-street parking in front of the property. The average daily traffic (ADT) on Broadway is 10,592 based on March 2005 counts by the Stanislaus County Department of Traffic Engineering. The general location is northern Stanislaus County. Use: There are presently two tenants in the property - a restaurant and a gift shop/beauty supply shop. Although the tenants are on short-term leases, there has never been a vacancy problem in the building. The actual vacancy has been 0% over the last six years. Because the rent has been so stable, this would be a good investment property. Also, the short-term leases provide an opportunity for an owner/user who is looking for a strong retail/office location. Building Condition: The building was built in 1959 and has been very well maintained. The roof is new within the last two years. There are no deferred maintenance issues. Proforma:
Price: $575,000 |
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1895 Howe
Ave., Sacramento Sold Size: Approximately 12,790 sq. ft. structure on approx. 1.52 acre parcel. Parking: Huge parking lot behind building. Loction: Located SWC of Howe Ave. and Wyda Way, one block north of Alta Arden Expwy. near Arden Fair Mall. Zoned General Commercial (GC). General Description: This is a free-standing building with a very large parking lot. Presently used as a health club with reception area, large workout room and pool, break room and private office. In addition, there are men's and women's locker rooms, showers and restroom facilities. There is a large room upstairs that is used for aerobics. Price: $2,200,000 (Also for lease at $1.25 per sq. ft. NNN.) Picture Picture Picture Parcel Map Map Map PDF Flyer Demographics Demographics Map |
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1000 W. Olive, Merced, CA Sold Net leased investment in superb location across street from Merced Mall just west of intersection of Olive and R Streets. Approximately 4,900 square foot building on approximately 33,500 square foot parcel. Building sited at corer of parcel with excellent visibility. Good parking. Current lease on building runs to August 2003. Actual CAP of 8.5%. Reuse potential is excellent. Commercial and office uses along Olive. Higher end residential behind. High traffic volume on Olive. $809,500 Map Map Picture Picture |
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1601 Yosemite Blvd., Modesto, CA Sold Net leased investment on Yosemite Blvd. across from Save Mart center. 29,000 vehicles per day on Yosemite. Approximately 10,264 square foot building on approximately 25,770 square foot lot. Pro forma CAP rate of 9.99%. $464,500 Map Map More Info |
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