1524 Richland Ave Ceres, CA 95307-4316

This exceptional investment opportunity presents a ±3,873 square foot free-standing commercial building in Ceres, CA, leased to Western Dental under a corporate-guaranteed Net Lease. Built in 2018, the property boasts 100% occupancy and benefits from a strong location at the signalized intersection of Hatch Road and Richland Avenue, enjoying high visibility and traffic counts exceeding 36,700 ADT. The lease features a 6.00% cap rate and includes four 5-year options with 10% rent bumps. The tenant, Western Dental, is a significant national brand with over 560 locations across 20 states, providing exceptional financial stability and security. The 0.42-acre lot houses a building ideally suited for its current use as a medical office, gas station, or QSR/fast food establishment. The lease expires April 30, 2028, offering a substantial holding period for investors. This is a rare opportunity to acquire a stable, high-performing net-leased asset with significant upside potential. The property's modern construction and prime location ensure long-term value and consistent cash flow. The asking price is $1,835,000.