$3,324,003
Modesto, CA 95356
2022
Year Built
Stanislaus
County
Office
Property Type
We are pleased to present the opportunity to acquire the fee-simple interest in a newly constructed, single-tenant medical office property located in Modesto. The Property consists of approximately 0.61 acres improved with a one-story, approximately 4,214 square foot medical office building completed in 2023 as a build-to-suit for the current tenant. An adjacent vacant parcel of approximately 0.57 acres is also available for purchase, offering potential for additional parking or future expansion, subject to buyer verification and local approvals. The Property is located near the intersection of Dale Road and Kiernan Avenue and benefits from proximity to a major regional hospital campus. Traffic counts are reported to be approximately 14,000 vehicles per day on Dale Road and 27,000 vehicles per day on Kiernan Avenue (buyer to verify). The surrounding five-mile radius includes approximately 129,000 residents with an average household income of approximately $97,000 (buyer to verify). The Property is subject to a 15-year lease with three 5-year renewal options. The lease structure is reported to be net, with scheduled rental increases of 10% every five years throughout the initial term and option periods. The lease is guaranteed by a publicly traded healthcare provider. Buyers are advised to independently verify all lease terms, financial information, and property details.
$17,692/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 3:00 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
