retail 365 - mueller commercial real estate, sacramento · 2019. 4. 26. · june 1,2016-may 31,...

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Page 1: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

RETAIL 365

Page 2: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

RETAIL 365

Page 3: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

TENANT NAME

Carniceria Michoacan Market 1 x5 years

1 x3 years

1 x5 years

2 x5 years

1 x3 years

6x5 years

4x5 years

1x5 years

452-A Paradise rd.

452-B Paradise rd.

432 Paradise rd.

420 Paradise rd.

436 Paradise rd.

449 Paradise rd.

Parking Lot Use

Parking Lot Use

Parking Lot Use

7460

6377

1000

2800

1400

26359

0.67

0.57

1.31

0.75

1.38

0.55

$4,998

$5,200

$1,310

$2,100

$2,030

$14,583

$1,882

$1,539

$6,863 $6,863

n/a

$250

$700

$350

Billed Annually

$5,200

$1,560

$2,800

$2,380

$14,583

$1,882

$433,704.00 $36,142.00

$7,228,400.00

$1,539

$2,500

City Plus & More Store

B & T Beauty Salon

Family Dollar

Coin-Op Laundry

Crown Castle/Metro PCS Tower

EZ Rock & Gifts

T-Mobile Tower

B of A Parking Agreement

LEASE TERMS OPTION TERMSADDRESS SQ. FT. $/SFMONTHLY

BASE RENTMONTHLY

NNNMONTHLY

RENT

RENT ROLL

June 1,2016-May 31, 2026

May ‘16 - Apr ‘18

June 1,2015-May 31, 2020

10yr lease in Jan 1st 2019

Feb ‘13 - Jan ‘16

Aug ‘14 - June ‘24

Jul ‘09 - Jun ‘19

Yearly Base Rent TOTAL

6% Cap. Rate

Sep ‘13 - Aug ‘18

RETAIL 365

2019 This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purpose only and are the property of their respective owners. CalBRE# 0118386

Page 4: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

The city of Modesto is located in the heart of one of the largest agricultural

areas in the nation the San Joaquin Valley. Modesto’s central location puts you within a short drive of

the ocean, mountains and some of the nation’s most renowned parks.

Modesto o ers the diversity and facilities of a metropolitan city, but still maintains an atmosphere of old

fashioned hospitality. Centrally located on Highway 99, Modesto is easily

accessible from throughout California.

MODESTO

RETAIL 365

Page 5: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

420 - 452 PARADISE RD. Modesto, CA 95351

• Fully Leased Investment• Traffic count over 14,500 onParadise Rd & 5,000+ on Sutter• Densely Populated Area withpopulation over 250,000• Large quantity of onsite parking.

SALE PRICE

HIGHLIGHTS

$7,228,400.00NOI $433,704.00 PER YEAR CAP 6.00%

RETAIL 365

Page 6: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

2019 This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purpose only and are the property of their respective owners. CalBRE# 0118386

RETAIL 365

Page 7: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

• Optimal Demographics forDollar Store

• Traffic Count Over 14,500 on Paradise Rd & 5,000+ on Sutter Ave.

• Building Built in 1977 with Renovations Done Recently

• Family Dollar with 7 Years Remaining on Original Lease

• Densely Populated Area With Population Over 250,000 and Over 81,00 Households in 5 Mile Radius

• Property Includes a National Tenant, Two Cell Towers & Parking Lease With Bank Of America

• Large Quantity of Onsite Parking

• Nearby National Tenants Jack in the Box, Walgreens, Subway, Bank of America, O´Reilly Auto Parts, Auto Zone

MOREHIGHLIGHTS

RETAIL 365

Page 8: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

Executive Director916 704 9341

915 Howe Ave Sacramento, Ca [email protected]

Cal BRE# 01829919

DANIEL MUELLER

RETAIL 365

Page 9: RETAIL 365 - Mueller Commercial Real Estate, Sacramento · 2019. 4. 26. · June 1,2016-May 31, 2026 May ‘16 - Apr ‘18 June 1,2015-May 31, 2020 10yr lease in Jan 1st 2019 Feb

2019 This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purpose only and are the property of their respective owners. CalBRE# 0118386