For Sale
$6,500,000
1700 Bell LnAtwater, CA 95301
High-yield retail investment, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- 20,288-square-foot Tractor Supply Co. store in Atwater, CA, offering a 6.00% cap rate and $387,500 NOI.
- Long-term, double-net (NN) lease with over 11 years remaining and minimal landlord responsibilities; tenant responsible for taxes, insurance, and most repairs.
- Corporate guarantee from investment-grade tenant, Tractor Supply Co. (BBB S&P rating).
- Strategically located in Atwater's strongest retail area, adjacent to Applegate Ranch Shopping Center, anchored by Walmart and Target.
- Excellent visibility from Highway 99, with 55,415 vehicles per day.
- Ideal demographics for Tractor Supply, situated in an affluent area of Merced County, California's 5th-ranked farm production county.
Property Details for 1700 Bell Ln
- Property type
- Retail properties, Retail space
- Square Feet
- 20,288 SF
- Year Built
- 2008
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 104,980 SF
- Units
- 1
Location Insight
- City
- Atwater
- County
- Merced
- State
- California
- Latitude
- 37.344238865511
- Longitude
- -120.61574065856
1700 Bell Ln, Atwater, California
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FAQs
- What type of property is this?
- Retail property - High-yield retail investment, strong tenant.
- Where is the retail property located?
- The property is located at 1700 Bell Ln Atwater, CA.
- What is the asking price?
- The asking price for this property is $6,500,000.
- What are key features of this property?
- This property features: 20,288-square-foot Tractor Supply Co. store in Atwater, CA, offering a 6.00% cap rate and $387,500 NOI.; Long-term, double-net (NN) lease with over 11 years remaining and minimal landlord responsibilities; tenant responsible for taxes, insurance, and most repairs.; Corporate guarantee from investment-grade tenant, Tractor Supply Co. (BBB S&P rating).
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