1302-1310 9th St

Strong tenant: Fresh Ideas Flower Co., the region's largest flower bouquet company since 1998

Tenant annual sales over $8M

5-year modified gross leaseback at $13,000/mo + two 5-year options

No Landlord Maintenance. Tenant responsible for Roof & HVAC.

Now offered at $1,690,000 after a $97,000 price reduction. At $140.83 per square foot with Net Operating Income of $127,410, the new price delivers a 7.5% cap rate with stable, in-place income from day one.

Tenant strength anchors this investment: 1302-1310 9th St, Modesto is occupied by Fresh Ideas Flower Co., founded in 1998 and the region's largest wholesale and retail flower bouquet company.

The seller sale-leaseback features a five-year modified gross lease at $13,000 per month starting rent, with two 5-year options. Tenant is responsible for all property maintenance, including roof and HVAC.

The building is a 12,000± sf commercial property on a high-visibility 13,939± sf corner lot in downtown Modesto, combining office, retail, refrigerated cold storage, and open warehouse space under one roof. Interior features include a 5,000± sf open warehouse (50'×100'), a 1,500± sf 40° chiller room, and a walk-in refrigerator. Zoned CM. Property could also be sold to an owner-user if preferred. Call listing agents for more details and to arrange a showing.