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    1203-1211 W Monte Vista Ave Turlock, CA 95382

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    For Sale
    $3,758,370

    NNN leased retail property with long-term tenants and rent escalations.

    Property size:
    6,501 SF
    Lot size:
    0.84 Acres

    Property Features for 1203-1211 W Monte Vista Ave

    General Information

    Size
    6,501 SF
    Lot size
    0.84 Acres

    Source: NorthMarq Agent Ronnie Givargis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turlock Retail Investment Opportunity

    This retail property features an NNN expense structure across all leases, offering investors a stable and passive cash flow. The tenants have scheduled rent increases incorporated into their base terms and options, which may increase investor yield and hedge against inflation. Each tenant has a remaining lease term between 5.3 and 9.6 years, with an additional 10 years in options. The property is located across Crowell Rd from Stanislaus State University, which has a student enrollment of 9,198. The property benefits from its proximity to The Vista student housing project and multiple condo and apartment complexes with over 1,000 units combined. The location benefits from traffic counts of 32,357 vehicles per day. The surrounding area has a population of 94,000 residents within a 5-mile radius, with an average household income of $98,968.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Turlock
    County
    Stanislaus
    State
    California
    Longitude
    -120.8634297
    Latitude
    37.5222629

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    FAQs

    What type of property is this?
    Strip mall - NNN leased retail property with long-term tenants and rent escalations.
    Where is this strip mall located?
    The property is located at 1203-1211 W Monte Vista Ave Turlock, CA.
    What is the asking price?
    The asking price for this property is $3,758,370.
    What are key features of this property?
    This property features: - Passive NNN lease structure provides stable cash flow.; - Scheduled rent bumps increase yield.; - Long lease terms remaining between 5.3 and 9.6 years, with 10-year options.
    (949) 451-1217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1203-1211 W Monte Vista Ave Turlock, CA 95382
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