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Taco Bell 3601 Yosemite Blvd 2,778 SF Retail Building Modesto, CA 95357 $2,729,870 ($982.67/SF) 5% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute NNN Lease.
- 10% rental growth every 5 years.
- Strong franchise tenant with +250 stores.
- +11 years remaining on initial 20 year lease term.
- 2, 5 year options & 1, 4 year options.
EXECUTIVE SUMMARY
Absolute NNN Taco Bell. The property is located on Yosemite Blvd, a major commercial corridor in Modesto, CA, known for its high traffic volume and visibility. Nearby retailers include national chains like Starbucks, McDonalds, 7-Eleven, and Chevron attracting a steady flow of customers to the area. The surrounding neighborhood features a mix of residential and commercial properties, providing a diverse customer base for potential businesses. Yosemite Blvd offers convenient access to major roads, enhancing connectivity for both customers and suppliers. The area is undergoing revitalization efforts, signaling potential growth and increased property values in the future.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,778 SF
Building Class
B
Year Built
2012
Price
$2,729,870
Price Per SF
$982.67
Cap Rate
5%
NOI
$136,494
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.66 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 079-25-19 | Improvements Assessment | $1,060,733 |
| Land Assessment | $472,272 | Total Assessment | $1,533,005 |
PROPERTY TAXES
Parcel Number
079-25-19
Land Assessment
$472,272
Improvements Assessment
$1,060,733
Total Assessment
$1,533,005
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Taco Bell | 3601 Yosemite Blvd
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