2000 McHenry Ave, Modesto, CA 95350

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 Oil Change investment property located at 2000 McHenry Avenue, Modesto, CA. The tenant, T5 CVC Operations, LLC, will sign a new, 15-year lease at the close of escrow (sale-leaseback) with three (3) 5-year options and one (1) 4-year, 11-month option to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

The Take 5 Oil Change is located directly on McHenry Avenue (35,500+ VPD), one of the busiest and most established retail corridors in Modesto. The property benefits from excellent visibility and access, positioned within a dense concentration of national retailers including Walmart, Safeway, Sprouts Farmers Market, PetSmart, Hobby Lobby, Target, Ross, Marshalls, Kohl’s, Lowe’s, Costco, Trader Joe’s, and The Home Depot. The site is also proximate to multiple major shopping centers including McHenry Village Shopping Center, Briggsmore Square, Briggsmore Plaza, Promenade Shopping Center, Central Valley Plaza, and Vintage Faire Mall (anchored by Macy’s and Dick’s Sporting Goods), further enhancing consumer draw to the area. The 5-mile trade area is supported by a population of over 272,428 residents and 110,960 employees, with strong income demographics averaging more than $104,900. Immediate surrounding demographics include 145,469 residents within 3 miles and 17,589 residents within 1 mile, all with average household incomes exceeding $104,000. These strong demographics, coupled with the tenant’s long-term commitment and the property’s irreplaceable retail location, underscore the strength and stability of this investment.