Investment Overview
The Ballesteros Team at NAI Northern California is pleased to present for sale this exceptional value add retail opportunity located at 1009 McHenry Ave and 1021 McHenry Ave in Modesto, CA. This 1.56 AC property on a corner lot with two buildings consists of 9 units in total, 8 of those being part of 1009 McHenry Ave with 1021 McHenry featuring one 15,000 SF contiguous, newly leased unit.
Investment Highlights
- Value add potential.
- Corner lot.
- High traffic retail corridor: Traffic count of 35,012 ADV on McHenry Ave directly in front of this property.
- Monument signage for both 1009 McHenry Ave and 1021 McHenry Ave.
- Complementary tenant mix which includes a variety of e-commerce resistant tenants such as neighborhood market, hair salon, and veterinary clinic.
- Excellent average household income of $122,028 within a 0.3 mile radius.