Modesto, CA - Take 5 Oil Change
$2,729,000
2020 Standiford Ave, Modesto, CA 95350
5.85
Cap Rate
159,646
NOI
Details:
Description:
• New 15-year Sale-Leaseback (SLB) Absolute NNN Lease with zero landlord responsibilities, offering investors passive, management-free ownership
• 10% increases every 5 years, providing a hedge against inflation and steadily growing cash flow
• Lease guaranteed by T5 CA Operations, LLC with additional personal guarantees with a high combined net worth | Speak with Agent for details
The Take 5 Oil Change is located at the signalized, hard-corner intersection of Standiford Avenue (34,867+ VPD) and Prescott Road (18,718+ VPD), one of the most heavily trafficked intersections in Modesto. The site benefits from excellent visibility and access within a dense retail corridor surrounded by national/credit tenants including Walmart Supercenter, Target, Kohl’s, Lowe’s, Costco, Home Depot, Raley’s, Save Mart, Sprouts, Trader Joe’s, WinCo Foods, Macy’s, and Vintage Faire Mall
(anchored by Dick’s Sporting Goods). The property is also proximate to multiple shopping centers including McHenry Village, Promenade Shopping Center, Briggsmore Plaza, Briggsmore Square, Central Valley Plaza, and Sills Plaza, further strengthening consumer draw to the area. The 5-mile trade area is supported by a population of over 196,691 residents and 92,121 employees, with strong income demographics averaging $107,795. Expanded trade area demographics include more than 866,400 residents and 402,700 employees, with an average household income of $78,364, further underscoring the site’s prime location and stability as a long-term investment.
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