Rare 1.89AC Located at Hwy 99 Off-Ramp

W Main St

Turlock, CA

Rare 1.89AC Located at Hwy 99 Off-Ramp

offering
memorandum

place offer

Property Details

available

Lease Term

Net Operating Income

Year Built

Lot Size

1.89AC

Building Size

SQ FT

Lease Structure

Investment Details

This 82,328-square-foot vacant lot opportunity allows both tenants or buyers, to serve the communities of Turlock, Ceres, Modesto, Atwater, Merced other cities within Stanislaus County. Being right along Highway 99, Exit 213-Patterson - West Main St, gives this large parcel direct access to all highway traffic.

PROPERTY HIGHLIGHTS

• Asking Price: $1,800,000

• Ground Lease: $150,000

• APN: 044-008-041-000

• Zoning: Community Commercial (CC)

• Freeway Visible- Pylon Signage

• Strong retail growth

• Strong retailers in the area: Regal Cinemas, Circle K, Tractor Supply, Comfort Suites, Days Inn, Starbucks, Subway, 76, California Burrito.

• Approved Uses: Retail Stores, Restaurants, Hotels and Motels, Commercial Recreation, Personal Services, Business Services, Financial Services

• Permits For:

- Minor Admin Approval: Hotels, Day Care Centers, Health Care Centers, Auto Sales,

- Minor Discretionary Permit- Drive-in, Fast Food, Shopping Center, Outdoor Storage, Nursing Home, Car Wash, Auto Repair Major, Animal Boarding

- Conditional Use Permit: Hospital, Bar, Cannabis, Discount Club

Asking Price

1,800,000

cap rate

%

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