501 E Main Street, Turlock, CA 95380 | MLS 223095434 | Listing Information | Denise Oldfield | Real Estate Expert Skip to main content
Denise Oldfield - REALTOR®
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FOR SALE
$3,499,900

501 E Main Street
Turlock, CA 95380    Directions

Retail, Business Opportunities
Residence
13,478
Sq. Ft.
1.1777
Acre Lot
Living Area Icon
13,478
Sq. Ft.
Lot Size Icon
1.1777
Acre Lot
Courtesy: Lifestyle Realty
Home> California> Turlock> 95380
SELLER FINANCING AVAILABLE - BELOW MARKET INTEREST RATE!Discover a prime investment opportunity featuring Bank of America as the nationally recognized tenant, strategically located in Downtown Turlock, California. This property boasts a 13,478 square foot freestanding building on a 1.17-acre parcel. What makes this investment exceptional is the Bank of America tenant, occupying the entire building on an absolute NNN lease. This lease structure guarantees steady rental income with built-in rent increases every five years, ensuring long-term financial stability. Bank of America has committed to a 5-year lease extension until 2029, and 15 renewal options offer a safeguard against inflation. Strategically situated in the Central Valley market, known for its growth and economic vitality, this Bank of America branch consistently records strong annual deposits solidifying its commitment to the community and the property's desirability.In summary, this investment offers a rare opportunity to acquire a stable, investment-grade property with a renowned national tenant in a robust market. A premier tenant, favorable lease terms, and an ideal location make this property an excellent choice for secure and prosperous real estate investing.
223095434
Commercial - Retail, Business Opportunities, Other
1971
Stanislaus
1.1777 Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Sonny Uppal, Lifestyle Realty
Agent Cell Phone: 209-585-6349
Agent License: 02108475

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
Courtesy: Lifestyle Realty
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.
This content last refreshed on 4/27/2024 6:32 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.