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Central Valley Marketplace
Ceres, CA Outer Ceres/Keyes

$24,797,000 USD

General Retail For Sale  •  81,897 SF

2 Properties View all

Property Details

  • Property Type General Retail
  • Cap Rate 6.96 %
24 Transit Score
53 Walk Score

Highlights

Seasoned Tenant Mix: over 50% of tenants have been in occupancy for more than 10 years, reflecting long-term stability and tenant satisfaction
Below Market Rents: current average rents are significantly below market, offering upside potential through lease renewals and re-tenanting
Attractive Basis: the offering price is to be well below replacement cost, providing a compelling value proposition for investors
High Performing Grocer: Per PlacerAI, Food4Less sales exceed $55M in sales annually
Cap Rate: 6.96 %

Public Transportation

AirportDriveWalkDistance
Stockton Metro 39 min - 29.4 mi
James Kaye 408-453-7419 CBRE, Inc.
James Kaye 408-453-7419 CBRE, Inc.