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Modesto Commercial Real Estate |
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Ron Roaks and Dave Tanner |
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Modesto Commercial Real Estate |
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Ron Roaks and Dave Tanner |
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McHenry Self Storage, 1234
McHenry Ave., Modesto, CA
Temporarily Off Market Parcel Size: Approximately 75,794 square feet. Approximately 1.74 acres. Building Size: Total is approximately 73,316 square feet. This consists of approx. 70,609 sq. ft. in two L-shaped storage buildings (43,323 rentable sq. ft.) and approx. 2,709 sq. ft. in the office/manager's apartment building. State-of-the-art facility, well maintained, excellent on-site management. Number of Units: 585 total units. 76 of the units are climate controlled. Year Built: 2001. Location: Centrally located on McHenry Ave., the main north/south corridor in Modesto, between Orangeburg Ave. and Roseburg Ave. Approximately 1.5 miles from the Modesto central business district. Ideally located for business users as well as residential customers. Traffic Volume: Based on information from the City of Modesto Traffic Engineering Department, the traffic volume in 2004 was 41,500 vehicles per day on average. It is reasonable to assume that population increase has pushed the volume higher since then. General Description: The property is an extremely well-built self storage facility in the heart of town. There are no maintenance issues as the buildings are only a few years old and nothing has been ignored. The centralized location on McHenry Ave., the excellent security features and the climate-controlled units make it attractive to business users as well as residential customers. There is upside potential in this project. Although occupancy has been on the increase, it is hovering around 76% at the present. With imaginative marketing, the vacancy factor could be lowered making the facility a very good investment. Price: $4,300,000. Map Map Parcel Map PDF Aerial Photo Demographics Radius Map Picture Picture Picture Picture Multi-page Brochure |
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