Retail Property on Mchenry
For Sale
Contact for pricing
1009-1021 Mchenry Ave, Modesto, CA
Retail property available for sale on Mchenry Avenue.
Property Size27,000 SF
Lot Size1.56 Acres
Price / SF$175
Days on Market317
Property Features for 1009-1021 Mchenry Ave
General Information
Standard status
Active
Size
27,000 SF
Lot size
1.56 Acres
Property subtype
RETAIL
Properties For Sale
at 1009-1021 Mchenry Ave Contact us1009 - 1021 Mchenry Ave AVAILABLE, Now
Floor
1
Size
1,000 SF
Type
RETAIL
Sublease
No
1009 - 1021 Mchenry Ave AVAILABLE, Now
Floor
1
Size
2,000 SF
Type
RETAIL
Sublease
No
Listing Agency:
Cosol Commercial Real Estate
Listed By:
Jake Maiorino · License #CA01453218
(209) 521-1591
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 3
Last Checked: Oct 5 at 5:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cosol Commercial Real Estate
Investment Insights
Based on property information with market context.
A retail property is available for sale. The property has a size of 27000 square feet and is located on Mchenry Avenue in Modesto, California.
Key Highlights
- Retail property
- Available for sale
- Located on Mchenry Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$418,745
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,374,900
$8.4M
Cap Rate 7%
$5,982,071
$6.0M
Cap Rate 9%
$4,652,722
$4.7M
Market Conditions
NOI Build-Up for 27,000 SF
Gross rent
$635.0K $23.52/SF
− Vacancy
−$36.8K −$1.36/SF
EGI
$598.2K $22.16/SF
− OpEx
−$179.5K −$6.65/SF
NOI
$418.7K $15.51/SF
Area
Modesto, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,374,900
Cap Rate 7%
$5,982,071
Cap Rate 9%
$4,652,722
Alternative Uses
Best Use
Retail
$5.98M
$5.23M – $6.98M
NOI $418,745 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.07M
$7.94M – $10.58M
NOI $635,040 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,649
Businesses Nearby
68k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 37%
Hotels & Casinos 9%
Home Improvements & Furnishings 5%
SONIC Drive In
Dining
15,822 visits/mo
0.4 miles
Wendy's
Dining
15,183 visits/mo
0.5 miles
Chevron
Shops & Services
14,056 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
7,258 visits/mo
0.3 miles
Tiki Lodge Hotel
Hotels & Casinos
3,792 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail property - Retail property available for sale on Mchenry Avenue.
Where is this retail property located?
The property is located at 1009-1021 Mchenry Ave Modesto, CA.
What is the asking price?
The asking price for this property is $4,725,000.
What are key features of this property?
This property features: Retail property; Available for sale; Located on Mchenry Avenue
