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    OFF-MARKET
    Retail properties & Spaces

    451 Rd, Atwater, CA 95301

    14,702 SF 11 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14,702+/- square foot retail space, formerly a Family Dollar, presents a prime opportunity in Atwater, CA. Located at 451 West Bellevue Road, the property boasts excellent visibility from a major thoroughfare. It's situated within the Atwater Village Shopping Center, a thriving 95,346 square foot neighborhood commercial center strategically positioned at the northwest quadrant of the high-traffic "5 Corners" intersection of Bellevue Road, Shaffer Road, and First Street. The shopping center offers ample parking with a generous 5.15+/- spaces per 1,000 square feet, totaling 491 spaces. The property benefits from strong co-tenancy with established businesses including Sam's Supermarket, Mountain Mike's Pizza, and TriCounty Flooring. Further enhancing its desirability is the proximity to a variety of national and regional retailers such as Taco Bell, Wendy's, McDonald's, Starbucks, Subway, Pizza Hut, Little Caesar's, Food4Less, Grocery Outlet, Walgreens, AutoZone, O'Reilly Auto Parts, Citi Bank, and the Merced School Employees Federal Credit Union. The building is currently in shell condition, offering a blank canvas for a wide range of retail uses. The property sits on an 11-acre lot. This location provides unparalleled access to a dense population base and significant consumer traffic. The property is ideal for a variety of retail concepts seeking high visibility and strong co-tenancy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 14,702 SF
    Lot 11 ac (479,160 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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