100% Leased Medical Investment | New 15-Year Leases

For Sale

3900 Geer Rd, Turlock, CA 95382

This Turlock property for sale is located at 3900 Geer Rd. The general use of 100% Leased Medical Investment | New 15-Year Leases is office and it incorporates 21,480 square feet of class B office space. The current listed sale price for 100% Leased Medical Investment | New 15-Year Leases is $7,500,000. 100% Leased Medical Investment | New 15-Year Leases is situated on a lot that is 1.53 acre in size.

Contacts

Luis Mejia

eXp Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 21,480 SF
  • Units 2
  • Lot Size 1.53 Acre
  • Building Class B
  • Year Built 2006
  • Year Renovated 2026
  • Date Updated Sep 24, 2026
Located in Turlock, the property benefits from a strategic Central Valley location within one of Stanislaus County’s principal employment and commercial centers. Turlock is positioned along Highway 99 and is home to approximately 73,100 residents, with more than 640,000 people within a 20-mile radius. The local economy is supported by healthcare and medical services, education, manufacturing, agriculture and logistics, while nearby California State University, Stanislaus provides an important regional employment and workforce anchor. Turlock’s established healthcare sector, regional accessibility and growing population base support the long-term fundamentals of the property’s medical use.3900 Geer Road presents a stabilized medical investment opportunity in Turlock, California. The 21,480-square-foot building is 100% occupied under two newly executed 15-year medical leases, generating $503,790 in Year 1 contractual base rent. The leases provide for tenant reimbursement of real estate taxes, insurance and certain operating expenses, while approximately 60% of the property’s initial base rental income benefits from 2.5% annual rent increases. The combination of long-term medical occupancy, contractual income growth and substantial existing medical improvements provides investors with durable cash flow and long-term income stability.
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Highlights

  • $503,790 Year 1 Contractual Base Rent
  • 100% Occupied Medical Investment
  • 6.18% Year 1 Cap Rate
  • Contractual Income Growth
  • New 15-Year Lease Terms
  • Significant Medical Buildout & Tenant Investment
  • Tenant Expense Reimbursements

Getting around

  • 49/100

    Walk Score ®

  • 29/100

    Transit Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Turlock, CA
  • Zip Code 95382
  • Market Central Valley

Points of Interest

  • Shell

    0.47 miles

  • Chevron

    0.60 miles

  • Quik Stop

    1.60 miles

  • Quick Stop

    1.63 miles

  • Beacon

    1.65 miles

  • Safeway Fuel Station

    1.89 miles

  • Arco

    2.02 miles

  • Costco Gasoline

    2.24 miles

  • Speedway

    2.55 miles

  • EVgo

    8.39 miles

  • Lot 10

    0.18 miles

  • Lot 7

    0.31 miles

  • Lot 8

    0.35 miles

  • Lot 6

    0.37 miles

  • Lot 11A

    0.40 miles

  • Lot 11

    0.48 miles

  • Lot 5

    0.59 miles

  • Lot 1

    0.64 miles

  • Lot 4

    0.72 miles

  • Holiday Inn Express & Suites Turlock-Hwy 99

    1.88 miles

  • Fairfield Inn & Suites Turlock

    1.91 miles

  • Candlewood Suites

    2.16 miles

  • Best Western Orchard Inn

    2.50 miles

  • Comfort Suites

    2.63 miles

  • Days Inn by Wyndham Turlock

    2.65 miles

  • Park Inn by Radisson

    2.83 miles

  • Home2 Suites by Hilton Turlock

    3.65 miles

  • Travelodge Turlock

    3.83 miles

  • Howard Johnson by Wyndham Modesto Ceres

    8.61 miles

  • Raley's

    0.64 miles

  • Save Mart

    0.85 miles

  • Walmart Neighborhood Market

    0.89 miles

  • Target

    1.71 miles

  • Wayside Market

    1.71 miles

  • Walmart

    1.86 miles

  • JCPenney

    1.96 miles

  • Kohl's

    1.99 miles

  • Safeway

    1.99 miles

  • TJ Maxx

    2.00 miles

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