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Corporate-Leased NNN Property
New
For Sale
$3,495,000

901 Commerce, Atwater, CA 95301

An absolute NNN lease with a corporate guarantee began in November 2022.

Property Size1,794 SF
Lot Size0.92 Acres
Price / SF$1,948
Days on Market6

Property Features for 901 Commerce

General Information

Standard status Active
Size 1,794 SF
Lot size 0.92 Acres
Property subtype Commercial

Additional Details

Cap Rate 4.25%
Highway Access Yes

Amenities

Lot Over 40000 Sqft

Building Details

Year Built 2022
Tenancy Single
Listing Agency: CENTURY 21 SELECT REAL ESTATE
Listed By: NICKOLAS QUEEN
Source: Corcoran
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 7:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 SELECT REAL ESTATE

Investment Insights

Based on property information with market context.

Built in 2022, the property contains a 1,794-square-foot building on approximately 0.92 acres. Oil Changers occupies the site under an absolute NNN lease backed by a corporate guarantee. The initial 15-year term started in November 2022, with the next rent increase scheduled for November 2027. Oil Changers was acquired by Valvoline Inc. in 2025.

The property is across from Target, Walmart Supercenter, Marshalls and Applebee’s, and is near the on- and off-ramps for Hwy 99.

Key Highlights

  • Absolute NNN lease with a corporate guarantee
  • 1,794‑square‑foot building on approximately 0.92 acres
  • Constructed in 2022; initial 15‑year lease term commenced in November 2022

Property Analytics

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Current Use

Oil Changers Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

671
Businesses Nearby
544k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 34% Shops & Services 25% Dining 22% Apparel 12%
Walmart Superstores
97,440 visits/mo 0.2 miles
Target Superstores
87,366 visits/mo 0.2 miles
Marshalls Apparel
49,656 visits/mo 0.3 miles
McDonald's Dining
32,267 visits/mo 0.4 miles
ARCO Shops & Services
22,358 visits/mo 0.5 miles

Demographics for 95301, CA

40,886
Population
13,250
Households
3.1
Avg Household Size
35
Median Age
16%
College-Educated
74%
High-School Grad
76.1 sq mi
ZIP Area
537
Density / Sq Mi
$66,669
Median Household Income
$40,101
Median Earnings
$1,215
Median Rent
$367,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - An absolute NNN lease with a corporate guarantee began in November 2022.
Where is this nnn property located?
The property is located at 901 Commerce Atwater, CA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Absolute NNN lease with a corporate guarantee; 1,794‑square‑foot building on approximately 0.92 acres; Constructed in 2022; initial 15‑year lease term commenced in November 2022
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