501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
501 E Main Street
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$3,749,900

501 E Main Street

13,478 Sq.Ft.

Description

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.

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Location

501 E Main Street, Turlock, CA 95380

Status

For Sale
Sonny Uppal

Sonny Uppal

TITLE

REALTOR®

Property Amenities

Area & Lot
Lot Area 1.178 Acres
Living area 13,478 Sq.Ft.
MLS® ID 223095434
Year Built 1971
Status For Sale
Exterior
Water Source Public
Sewer Public Sewer
Finance
Sales Price $3,749,900

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Thank you for your interest in 501 E Main Street, Turlock, CA 95380. We are reviewing your request and will be in touch shortly!

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