Citibank – Modesto, Ca

By October 24, 2017Available Properties

Investment Offering – $3,168,000

2929 McHenry Ave, Modesto CA 95350

NOI: $158,423 Cap Rate: 5.0%
Lease Term: 10 Remaining Term: 6
Lease Type: NNN Building Sq. Ft.: 7,856
Renewal Options: Four (4), Five (5) Year Options

PROPERTY HIGHLIGHTS

  • Absolute NNN Lease – Zero Landlord Obligations
  • Over $77,000,000 in deposits in 2017 – consistent growth
  • Hard Corner location with 50,000+ vehicles per day
  • 1.5% Annual Rental Increases
  • Clean Lease – no Kickout Clauses
  • Located 2.5 Miles from Downtown Modesto

CONTACT US

PAUL TRUPIA III
P: 646.791.0818
paul@kentwoodcapital.com

ED BRESLIN
P: 310.774.3790
ebreslin@kentwoodcapital.com

OFFERING
MEMORANDUM

To download the offering memorandum, please enter your name, email address and indicate whether you are a Buyer or Broker: