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427 Doherty Ave 72,540 SF Industrial Building Modesto, CA 95354 $5,800,000 ($79.96/SF) 6.20% Cap Rate
Executive Summary
Lease extended through January 30, 2030
SINGLE TENANT - INDUSTRIAL INVESTMENT
72,540± SF AVAILABLE FOR SALE
• ASKING PRICE: $5,800,000 ($79.93 PSF)
• CAPITALIZATION RATE: 6.2%
• EXCELLENT CREDIT TENANT - GEORGIA-PACIFIC CORPORATION
SINGLE TENANT - INDUSTRIAL INVESTMENT
72,540± SF AVAILABLE FOR SALE
• ASKING PRICE: $5,800,000 ($79.93 PSF)
• CAPITALIZATION RATE: 6.2%
• EXCELLENT CREDIT TENANT - GEORGIA-PACIFIC CORPORATION
Property Facts
| Price | $5,800,000 | No. Stories | 1 |
| Price Per SF | $79.96 | Year Built | 1973 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Cap Rate | 6.20% | Parking Ratio | 0.28/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 25’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 2.48 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 72,540 SF | ||
| Zoning | M | ||
| Price | $5,800,000 |
| Price Per SF | $79.96 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.20% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 2.48 AC |
| Rentable Building Area | 72,540 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Tenancy | Single |
| Parking Ratio | 0.28/1,000 SF |
| Clear Ceiling Height | 25’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | M |
Amenities
- Skylights
Utilities
- Lighting - Fluorescent
1 1
Property Taxes
| Parcel Number | 036-01-23 | Improvements Assessment | $2,366,675 |
| Land Assessment | $625,846 | Total Assessment | $2,992,521 |
Property Taxes
Parcel Number
036-01-23
Land Assessment
$625,846
Improvements Assessment
$2,366,675
Total Assessment
$2,992,521
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427 Doherty Ave
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