McHenry Village

JLL has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire McHenry Village (the “Property”), a 304,134 SF grocery/drug-anchored shopping center in Modesto, California. Currently ±87.7% occupied, the Property is anchored by Sprouts and CVS Pharmacy, with Sprouts recently demonstrating long-term commitment through a 15-year lease extension taking their term through 2041, while CVS’s term extends through 2034. The Property offers a compelling combination of strong performance and measurable upside via lease-up, generating a 5-year CAGR of ±7.08% and 10-year CAGR of ±4.83%. In addition, the Property commands exceptional visibility with 930 feet of frontage along McHenry Avenue at its heavily trafficked intersection with E Briggsmore Avenue, capturing approximately 60,000 vehicles per day at this strategic corner location.