Retail Showroom and Warehouse
1120 Mchenry Ave Modesto, CA 95350
1120 Mchenry Ave, Modesto, CA, 95350
$2,650,000
For Sale
$2,650,000
Retail showroom, warehouse, and office space on a busy corridor.
Property Size11,380 SF
Lot Size0.81 Acres
Price / SF$232.86
Days on Market133
Property Features for 1120 Mchenry Ave
General Information
- Standard status
- Active
- Size
- 11,380 SF
- Lot size
- 0.81 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1966
Listing Agency
GOLDEN VIEW PROPERTIES
(408) 644-6199
Listed by
Nick Jindal
(408) 644-6199
Source
Elliman
Added: Mar 11 Updated: Jul 6 at 10:49 am Checked: Jul 19 at 6:25 am
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 GOLDEN VIEW PROPERTIES
Investment Insights
Based on property information with market context.
This property features an 11,380-square-foot retail showroom and warehouse, including office space. It is situated on a signalized, busy corridor of McHenry Avenue with over 35,000 ADT (average daily traffic) and is in close proximity to major retailers. The building includes high ceilings, state-of-the-art LED lights, a loading dock, and sprinkler system throughout, with modern decor finishes. An adjacent 0.18-acre lot is included with the property, offering additional possibilities for use.
Key Highlights
- High‑traffic location on McHenry corridor with over 35,000 ADT.
- Large 11,380 sq ft retail showroom and warehouse space.
- Includes adjacent .18 acre lot for additional use.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $300.4k | $26.40 |
| − Vacancy | −$45.1k | −$3.96 |
| EGI | $255.4k | $22.44 |
| − OpEx | −$63.8k | −$5.61 |
| NOI | $191.5k | $16.83 |
11,380 SF · lease $26.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.74M
$2.39M – $3.19M
NOI $191,525 @ 7.0% cap · market cap 7.23%
Second Best
Retail
$2.52M
$2.21M – $2.94M
NOI $176,493 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$3.82M
$3.35M – $4.46M
NOI $267,658 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Modesto Sleep Haven ...
Furniture & Home Goods
Shop Carpet & Flooring ...
Home Decor Store
Similar For Sale Nearby
Similar Off Market Nearby
- Boyarsky Tile Co — 1106 Mills Ave, Modesto, CA 95350
- Classic Tile
FAQs
What type of property is this?
Showroom - Retail showroom, warehouse, and office space on a busy corridor.
Where is this showroom located?
The property is located at 1120 Mchenry Ave Modesto, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: High‑traffic location on McHenry corridor with over 35,000 ADT.; Large 11,380 sq ft retail showroom and warehouse space.; Includes adjacent .18 acre lot for additional use.
