1225 Oakdale Rd, Modesto, CA 95355

This single-tenant healthcare facility is leased to the U.S. Federal Government, with the lease guaranteed by the full faith and credit of the United States of America. A new 15-year firm (non-cancellable) lease term with the U.S. Department of Veterans Affairs commenced in September 2024. The lease features nearly 9% base rent increases every 5 years, with the tenant responsible for janitorial services, utilities, and real estate taxes above a base amount. Built-to-suit in 2012 for Veterans Affairs as a LEED Silver Outpatient Clinic, the facility relocated and expanded existing VA outpatient services in Modesto. The VA made a significant investment in the facility via original tenant-funded improvements and new Tenant Improvements in 2024-2025 as part of the lease renewal. The building was designed and constructed to achieve LEED Silver Certification. Healthcare services provided through VA Outpatient facilities are essential functions. The VA Outpatient Clinic in Modesto provides a comprehensive range of healthcare services including primary care, laboratory and pathology, mental health care, substance use care, advice nurse, audiology, cardiology, chiropractic, hematology/oncology, weight management, trauma care, dietary care, PTSD care, physical and occupational therapy, radiology, tobacco cessation, social work, telehealth, women’s care, wound care and ostomy, and whole health. Located in Modesto, the 19th-largest city in California, the property is positioned on Oakdale Road, a primary north/south arterial, in immediate proximity to established national retailers and services including Save Mart, CVS, Grocery Outlet, El Pollo Loco, Jack in the Box, KFC, Stanislaus County Offices, 7-Eleven, AutoZone, Citi Bank, and Chase Bank. The property has a size of 24188 square feet.