664 Railroad Ave Atwater, CA 95301-4624
- Industrial properties
- 1.70 lot acres
Current Use by Public Records
- Presido Central Cal Brothers / Market
- Presidio Dispensary / Cannabis Store
Property Details for 664 Railroad Ave
- Lot size
- 1.70 lot acres
- Property type
- Industrial properties
- APN
- 003-170-009-000
- APU
- 3170009000
Description
This exceptional investment opportunity presents a +/- 12,000 square foot industrial building situated on a +/- 1-acre lot within the Norman Rolfe Business Park in Atwater, CA. The property boasts a strong 3.73% capitalization rate, anchored by a nationally recognized tenant under a secure 10-year lease with a 10-year option, guaranteeing consistent and reliable cash flow. Scheduled for completion in 2024, the building enjoys excellent visibility from Highway 99, maximizing exposure and attracting significant traffic. This strategic asset offers a compelling return on investment, making it an ideal addition to any portfolio. The building's design, as depicted in the illustrative rendering, may vary slightly from the final construction. The provided square footage and acreage are approximate. Further details are available upon request. This is a turnkey investment opportunity with a long-term, stable tenant in place. The property's location within the Norman Rolfe Business Park provides access to key infrastructure and amenities. The high visibility from Highway 99 ensures strong brand recognition and potential for future growth. This is a rare opportunity to acquire a high-performing industrial property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Atwater
- County
- Merced
- State
- California
- Longitude
- -120.605
- Latitude
- 37.3434
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA
