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+13109412736
Regal Real Estate and Financial Services
901 Commerce, Atwater, CA 95301
- $3,495,000
- List Price
- $3,495,000
- Status
- ACTIVE
- MLS#
- MC26214615
- Lot Size
- 40,391
- Acres
- 0.93
- Lot Location
- Lot Over 40000 Sqft
- Days on Market
- 2
- Property Type
- Commercial
- Property Sub Type
- Special Purpose
Property Description
Century 21 Select is pleased to present 901 Commerce Avenue in Atwater California. This property is a 2022 build with an absolute NNN corporate guaranteed lease to Oil Changers recently acquired by Valvoline Inc in 2025.The lot size is approximately .92 acres and the building size is approximately 1,794 sqft. The subject property sits directly across a Target, Walmart supercenter, Marshalls and Applebee's just to name a few of the strong tenants in the immediate area. Along with the property being surrounded by many strong tenants it is also near the on and off ramps of HWY 99 adding to the parcel's long term value. The building was completed in 2022 and has an initial term of 15 years that commenced in November 2022. At the time of listing there are approximately 11 years left of the initial term. The next rent increase will be in Nov 2027. The property is listed at a pro forma cap rate of 4.25% reflecting the next rent increase in November 2027 however the seller is willing to credit the difference of the current rent amount and the pro forma cap rate assuming the sale is closed before the next rent increase.
Additional Information
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Nickolas Queen (nickolas.queen@gmail.com) from Listing Office: Century 21 Select Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.