1611 E Hatch Rd - Storefront FOR SALE


Ceres, CA 95307
$19,810,000 USD
415-269-8969
1611 E Hatch Rd, Ceres, CA for Sale
$19,810,000 USD
Storefront - FOR SALE
1/11
null | 6.75% Cap Rate

1611 E Hatch Rd
Ceres, CA 95307


HIGHLIGHTS

  • Fully leased retail center with national anchors.
  • Over $4 million in recent and planned renovations.
  • Located on East Hatch Road with 31K VPD and near CA-99.
  • 877K annual visits to the center and strong co-tenancy.

OVERVIEW

Ceres Marketplace is a fully leased, grocery-anchored shopping center anchored by Grocery Outlet, Crunch Fitness, and Ross Dress for Less, with a complementary mix of national and regional tenants. Recently upgraded with over $4M in renovations, the property sits on East Hatch Road, Ceres’ dominant retail corridor just off Highway 99. With exceptional sales performance across its anchor tenants and strong surrounding household density, this center stands as a core retail hub for Ceres and southern Modesto.

FOR SALE DETAILS

PRICE

$19,810,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ceres Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

490

LAND DETAILS

CROSS STREETS

E Hatch & Richland Ave

LAND ACRES

9.3 AC

LAND SF

405,108 SF

ZONING

-

APN/PARCEL ID

039-32-26,039-32-27,039-32-28,039-32-29

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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