New Medical Office in
For Sale
$3,324,003
3001 Healthcare Way #200, Modesto, CA 95356
New single-tenant medical office building near regional hospital campus.
Property Size4,214 SF
Lot Size0.61 Acres
Price / SF$788.80
Days on Market163
Property Features for 3001 Healthcare Way #200
General Information
Standard status
Active
Size
4,214 SF
Lot size
0.61 Acres
Property subtype
Commercial
Amenities
Central Heating
Building Details
Year Built
2022
Listing Agency:
COLDWELL BANKER REALTY
(626) 445-5500
Listed By:
NICHOLAS BORRELLI · License #01481673
Source:
Corcoran
Added: Feb 27
Changed: Aug 8
Last Checked: Aug 8 at 6:07AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
The property is a newly constructed, single-tenant medical office building in Modesto. Completed in 2023, the one-story building contains approximately 4,214 square feet and is situated on approximately 0.61 acres. The property is subject to a 15-year lease with three 5-year renewal options. The lease structure is reported to be net, with scheduled rental increases of 10% every five years throughout the initial term and option periods. The lease is guaranteed by a publicly traded healthcare provider. An adjacent vacant parcel of approximately 0.57 acres is also available for purchase, offering potential for additional parking or future expansion. The property is located near the intersection of Dale Road and Kiernan Avenue, benefiting from proximity to a major regional hospital campus. Traffic counts are reported to be approximately 14,000 vehicles per day on Dale Road and 27,000 vehicles per day on Kiernan Avenue. The surrounding five-mile radius includes approximately 129,000 residents with an average household income of approximately $97,000.
Key Highlights
- 15‑year lease with renewal options for long‑term income
- Lease guaranteed by publicly traded healthcare provider
- Newly constructed medical office building** (2022/2023)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95356, CA
33,070
Population
11,802
Households
2.8
Avg Household Size
40
Median Age
29%
College-Educated
90%
High-School Grad
22.2 sq mi
ZIP Area
1,490
Density / Sq Mi
$95,376
Median Household Income
$52,867
Median Earnings
$1,794
Median Rent
$495,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - New single-tenant medical office building near regional hospital campus.
Where is this medical office space located?
The property is located at 3001 Healthcare Way #200 Modesto, CA.
What is the asking price?
The asking price for this property is $3,324,003.
What are key features of this property?
This property features: 15‑year lease with renewal options for long‑term income; Lease guaranteed by publicly traded healthcare provider; Newly constructed medical office building** (2022/2023)
