1301 E Service Rd - Service Station FOR SALE


Ceres, CA 95307- Outer Ceres/Keyes
$1,995,000 USD
209-915-6400
1301 E Service Rd, Ceres, CA for Sale
$1,995,000 USD
Service Station - FOR SALE
1/6
null | 5.75% Cap Rate

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


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.

OVERVIEW

The offering provides investors the opportunity to acquire the fee simple interest in a single-tenant Quik Stop Markets, Inc. fuel and convenience store leased on a NNN basis. The asset features current annual rent of $114,720, an asking price of $1,995,000, a 5.75% cap rate, approximately 8+ years of current lease control through April 30, 2035, and five additional 5-year renewal options through 2060, with the tenant operating under the broader EG America / Cumberland Farms platform. The Property is located at 1301 Service Rd in Ceres, California, within the Modesto MSA and Central Valley trade area. Positioned at the Service Road and Morgan Road intersection, the site serves a mix of local neighborhood traffic, commuter movement, and daily-needs customers. The location benefits from its established Ceres setting, surrounding residential demand, and regional access within Stanislaus County’s broader commercial corridor.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$707 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quik Stop NNN Gas Station | 8+ Years Remains

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

-

APN/PARCEL ID

053-52-34

ASK ABOUT THIS PROPERTY

Kevin Dougherty, CCIMFirst Commercial Real EstateMore Info
209-915-6400

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Kevin Dougherty, CCIMFirst Commercial Real EstateMore Info
209-915-6400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.