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1301 E Service Rd
Ceres, CA 95307 Outer Ceres/Keyes

$1,995,000 USD

Service Station For Sale  •  2,820 SF

Property Details

  • Property Type Service Station
  • Total Building Size 2,820 SF
  • Lot Size 0.67 AC
  • Building Class C
  • Year Built 1990
  • Cap Rate 5.75 %
30 Transit Score
30 Walk Score

Highlights

Current 5.75% Cap Rate – Based on the asking price of $1,995,000 and current NOI.
Scheduled Rent Growth – Lease includes future rental increases, with current annual rent of $114,720 and projected growth through future option period
Single-Tenant NNN Investment – Quik Stop Markets, Inc. operates under a NNN lease structure, offering investors a passive ownership profile.
8+ Years of Lease Control – Tenant has control through April 30, 2035, with additional renewal options extending through 2060.
Established Operating History – The site has long-term Quik Stop tenancy and original ownership history, supporting continuity at the location.
Service Road & Morgan Road Corner Location – The property is positioned at a visible corner in Ceres, within the Modesto MSA and Central Valley trade.

Property Flyers

Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Quik Stop

Public Transportation

AirportDriveWalkDistance
Stockton Metro 41 min - 30.7 mi
Kevin Dougherty, CCIM 209-915-6400 First Commercial Real Estate
Kevin Dougherty, CCIM 209-915-6400 First Commercial Real Estate