Description
This is a downtown single-tenant investment opportunity that's leased to Stanislaus County's Behavioral Health and Recovery Services. This is a brand new, government-backed 10-year lease. The opportunity offers secure, stable return in a prime Downtown Modesto location. This property spans across 1.04 acres of land and offers a rentable area of 25,890 SF, making it an attractive option for tenants looking for ample space for business operations and parking. Additionally, the property underwent renovations in 2022, which means that it is equipped with modern amenities and state-of-the-art facilities. **The Price Reduction reflects a Current Cap Rate of 8.01%%**
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0BEDS
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1.04ACRES
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0BATHS
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01/2 BATHS
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25,890SQFT
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$0$/SQFT
School Ratings & Info
Description
This is a downtown single-tenant investment opportunity that's leased to Stanislaus County's Behavioral Health and Recovery Services. This is a brand new, government-backed 10-year lease. The opportunity offers secure, stable return in a prime Downtown Modesto location. This property spans across 1.04 acres of land and offers a rentable area of 25,890 SF, making it an attractive option for tenants looking for ample space for business operations and parking. Additionally, the property underwent renovations in 2022, which means that it is equipped with modern amenities and state-of-the-art facilities. **The Price Reduction reflects a Current Cap Rate of 8.01%%**
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