-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
OFFERING SUMMARY
SALE PRICE:$647,500each-1,295,000 both
APN'S: 039-068-006/07
LOT SIZE: 0.461 Acres
YEAR BUILT: 2007
BUILDING SIZE: 3000 each -6000 both
ZONING:
MX-2 (Medical andProfessional MedicalOffices / BusinessPark)
PRICE / SF: $215.83
TRAFFIC COUNT: 45,229
PROPERTY OVERVIEWExecutive office condo's for sale in Ceres
Commerce Center Business Park. These beautiful condos offers
Mitchell Rdfrontage road visibility with high traffic counts. Built
in 2007, these class A buildings offers 9 ft wood
doors,kitchenettes in each unit, men's and women's bathrooms in
each unit, slate tile floors, upgraded carpet in 1416, newlaminate
wood flooring in 1420 and tall ceilings. Zoned MX-2 for Medical
& Professional Offices, Mixed Use.
PROPERTY HIGHLIGHTS• 2 Parcels/ 2 Buildings (Sold Separately or
Together)
• Built in 2007
• On-Site Parking
• ADT 45,229 (2018)
• 1416-A Baby Nutrition, $2200 per month through 4/2022 with
renewal option.
• 1416-B currently vacant.
• 1420 currently vacant.
• Association Fee: $241.43 each building per month, covers
landscaping, exterior maintenance, security.
• Seller Financing Might be Available with Minimum of 25%
Down
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
PROJECTED ANNUAL INCOME BOTH BUILDINGS
1416 A $26,400
Market Rental Income (1416 B) $26,400
Market Rental Income 1420 $52,800
Gross Income $105,600
ANNUAL EXPENSE SUMMARY BOTH BUILDINGS
Insurance $3,222
Management Fees $5,784
Repairs $1,316
Supplies $2,747
Utilities $2,497
Taxes $5,064
Gross Expenses $20,630
Net Operating Income $84,970
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
INVESTMENT OVERVIEW
Price Per Building $647,500
OPERATING DATA PER INDIVIDUAL BUILDING
Gross Scheduled Income $52,800
Total Scheduled Income $26,400
Vacancy Cost $26,400
Gross Income (1416-A) $26,400
Operating Expenses $13,461
FINANCING DATA (BASED OFF PURCHASE PRICE OF $647,500 WITH 25%
DOWN, 6% INTEREST, AMORTIZED OVER 30 YEARS, DUE IN 7 YEARS)
Down Payment $161,875
Loan Amount $485,625
Debt Service (Annually) $34,939
Debt Service Monthly (Monthly Payment) $2,911
Principal Reduction (yr 1) $5,963
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
-
Each Office Independently Owned and Operated
kwcommercial.com/commercial/McCommercial.action?orgId=5364
KW COMMERCIAL5222 Pirrone Ct. Ste 301Salida, CA 95363
We obtained the information above from sources we believe to be
reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted
subject to the possibility of errors, omissions, change of price,
rental orother conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions,
assumptions or estimates for example only, and they may not
represent current or future performance of the property. You and
your tax and legal advisorsshould conduct your own investigation of
the property and transaction.
RACHEL WISURIBroker With Keller Williams Realty0:
[email protected] DRE# #01768672
POPULATION 1 MILE 3 MILES 5 MILES
Total Population 9,848 85,220 207,444
Median Age 35.6 31.4 31.8
Median Age (Male) 33.4 30.0 31.0
Median Age (Female) 38.0 32.8 33.0
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total Households 3,098 25,528 64,681
# Of Persons Per HH 3.2 3.3 3.2
Average HH Income $61,529 $57,267 $59,957
Average House Value $251,131 $275,252
* Demographic data derived from 2010 US Census
1416-1420 Mitchell Rd. , Modesto, CA 95351
1416-1420 MITCHELL RD.
OFFICE FOR SALE
http://kwcommercial.com/commercial/McCommercial.action?orgId=5364
![IARD - All Sections [User Name: wburgoyne, OrgID: 171816]...If "yes," list all firm website addresses and the address for each of the firm's accounts on publicly available social media](https://img.pdfslide.net/doc/110x75/5f786d6cfddc2616da73f6a4/iard-all-sections-user-name-wburgoyne-orgid-171816-if-yes.jpg)
