

1302-1310 9th St, Modesto CA
Industrial | 6.70% CAP | 12,000 SqFt
Marketing description
Excellent Sale Leaseback Investment! Occupied by Fresh Ideas Flower company, founded in 1998, they are the region's largest wholesale and retail flower bouquet company.
Property features a 12,000 SF commercial building, on a 13,939 SF corner lot and offers a rare combination of office, retail, refrigerated cold storage, and open warehouse space under one roof. This property presents a versatile asset with broad appeal across food distribution, cold storage, light industrial, and service industry users. Interior highlights include a 5,000 SF open warehouse (50'x100'), a 1,500 SF 40 degree chiller room, a walk-in refrigerator, large office and retail areas, a remodeled restroom, and a breakroom with kitchenette.
The property is offered with a seller sale-leaseback in place featuring a five year modified gross lease at $13,000 per month starting rent, providing an investor with immediate, stable income from day one. Please see financial summary in brochure for more information. Property could be sold to an owner-user if preferred.
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