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#4175
Modesto Businesses for Sale

Commercial Shopping Center Property for Sale in Turlock CA

$899,000
Commercial Shopping Center Property for Sale in Turlock CA
This Listing is Expired

Commercial Property for Sale Details:

* This is a rental shopping center for sale in Turlock CA - Stanislaus County.

* The property has 2 tenants one with furniture shop and another with thrift shop.

* The lot size is about 40,075 sq.ft. estimated with 12,031 sq.ft. estimated building size.

* Total rental income is about $4600 per month. The furniture tenant pays $3100 per month rent and thrift store pays $1500 per month.

* Opportunity: this property may bring major tenants like pharmacy stores or grocery stores, or retail store.

* The property is situated at a corner location with good access two major roads of the town.

* The furniture store has about 6 years of lease and thrift store has month-to-month lease.

* Buyer may get commercial property loan with 25% down payment with good credit.

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This is a Western Singh Business Brokers listing.
Business & Real Estate Associate Nirvail Singh DRE License #01853125

Lease

Region:
Modesto Businesses for Sale

Financials

Last Year's Annual Gross:
$55,200

Facilities

Lot Sq. Ft.:
40,075
Total Building Sq. Ft.:

Highlights

  • Two tenants.
  • Located on major road of town.
  • Good access to roads.
  • Opportunity to bring major tenants.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes

Demographics

Population 3-mi. 5-mi
2014 Total Population 43,083 80,220
Households 3-mi. 5-mi
2010 Number Of Households 13,231 25,556
2010 Persons Per Household 3.09 2.98
Median House Value $159,300 $193,059
Income Per Household $40,564 $52,548
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,001 1,436
2012 Number Of Employees 30,102 41,522
2012 Total Annual Payroll $480,418,000 $702,379,000

click for more demographic info

Disclaimer

ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.


Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area. 

 

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