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1021 McHenry Ave 27,000 SF 37% Leased Retail Building Modesto, CA 95350 $4,725,000 ($175/SF)
Investment Highlights
- Significant value add potential.
- Corner lot.
- Excellent average household income of $122,028 within a 0.3 mile radius.
- Two 1,000 SF units available at 1009 McHenry Ave and one 15,000 SF contiguous unit available at 1021 McHenry Ave.
- High traffic retail corridor: Traffic count of 35,012 ADV on McHenry Ave directly in front of this property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
27,000 SF
Year Built
1956
Price
$4,725,000
Price Per SF
$175
Percent Leased
37%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
1.56 AC
Zoning
C-2
Frontage
230’ on McHenry Ave
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 113-05-38 | Improvements Assessment | $1,636,000 |
| Land Assessment | $714,000 | Total Assessment | $2,350,000 |
Property Taxes
Parcel Number
113-05-38
Land Assessment
$714,000
Improvements Assessment
$1,636,000
Total Assessment
$2,350,000
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1021 McHenry Ave
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