3001 Health Care Way Modesto, CA 95356

This newly constructed, single-tenant medical office facility is located in Modesto. Built-to-suit in 2023, the one-story building contains 4,214 square feet and is situated on 0.61 acres. An adjacent, vacant 0.57-acre parcel is also available, featuring designed shared parking access and expansion flexibility. The property is strategically positioned near the signalized intersection of Dale Road and Kiernan Avenue, immediately adjacent to Kaiser Permanente’s Modesto Medical Center. The surrounding five-mile trade area includes approximately 129,000 residents with an average household income exceeding $97,000 annually. The tenant recently completed a comprehensive build-to-suit incorporating its brand-new prototype, representing the top tier of the kidney care industry with respect to patient experience, clinical functionality, and energy-efficient design standards. A neighboring dialysis facility previously housed both inpatient and home-health operations. Due to physical constraints within that building, the tenant was unable to expand its inpatient hemodialysis services. To accommodate growth, the seller acquired the adjacent parcel and relocated the home-health component into the newly constructed facility, allowing inpatient operations to expand within the original building. The two complementary facilities now house distinct functions, with supervising medical professionals able to walk between locations. The property is secured by an initial fifteen-year lease term featuring three five-year renewal options. Rental increases of ten percent occur every five years throughout the term and option periods.