1420 Mchenry Ave | Modesto, CA 95350
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- LoopNet Team
1420 Mchenry Ave
Modesto, CA 95350
SONIC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Solid location on McHenry Ave, one block north of Orangeburg Ave.
- 1st 5-year option just signed, ends in Sep 2028. 2nd 5-year options remain with 10% increase.
- Location; within 1-2 blocks… lots of retail, restaurants, Doctor’s Medical Center & ER, the Black Medical Building, and much more.
- Solid tenant; Sonic Burgers has been here 20 years.
- Net Ground Lease; Tenant pays all, except a small portion of property taxes paid by Landlord.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,608 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.79 AC
Zoning
C-2 - Many uses allowed such as retail, office, medical, bank, service establishments, other.
Parking
44 Spaces (27.36 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 031-03-79 | Improvements Assessment | $1,075,080 |
| Land Assessment | $770,100 | Total Assessment | $1,845,180 |
PROPERTY TAXES
Parcel Number
031-03-79
Land Assessment
$770,100
Improvements Assessment
$1,075,080
Total Assessment
$1,845,180
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