2318 Patterson Rd - Storefront FOR SALE


Riverbank, CA 95367- South Riverbank
$11,151,000 USD
415-413-3005
2318 Patterson Rd, Riverbank, CA for Sale
$11,151,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

2318 Patterson Rd
Riverbank, CA 95367
South Riverbank


HIGHLIGHTS

  • New 20-year net lease to Tractor Supply Company, the largest rural lifestyle retailer in the U.S. with over 2,200 locations across 49 states
  • 7% rental increases every five (5) years in initial term and three (3) option periods of five (5) years each, ensuring consistent income growth
  • Corporate-backed lease by Tractor Supply (NASDAQ: “TSCO”, S&P BBB rating) offers investmentgrade credit security.
  • Net sales increased by 4.3% in 2025 to $15.52 billion, driven by new store openings and the acquisition of Allivet, a privately held online pet pharma
  • Tractor plans to open approximately 100 new stores in 2026.
  • New stores, particularly in the western U.S., are a key driver of growth, with a goal to reach over 3,400 stores by 2034

OVERVIEW

This property presents a rare investment opportunity anchored by a corporate-backed lease with Tractor Supply Company (NASDAQ: TSCO), rated BBB by S&P, ensuring strong credit stability. Positioned at the signalized intersection of Patterson Road and Estelle Avenue, the site boasts exceptional visibility and ease of access. Located directly along State Route 108, the property benefits from significant daily exposure to 26,000 vehicles, capturing robust commuter traffic flows. The location is further enhanced by its proximity to Riverbank Crossroads, a major retail destination attracting over 8 million annual visitors, situated just two miles south. Additionally, the property is only 4.5 miles from Memorial Medical Center, a 423-bed facility and one of the region’s largest employers with over 57,000 employees system-wide. Centrally located within reach of San Francisco, San Jose, and Sacramento, this asset connects seamlessly to key Bay Area markets. With projected income growth in 1-, 3-, and 5-mile radii over the next five years, the surrounding market demonstrates strong demand dynamics. This combination of a secure, investment-grade tenancy and exceptional positioning within a growing trade area makes this property a compelling long-term retail investment.

FOR SALE DETAILS

PRICE

$11,151,000 USD

PRICE/SF

$470 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply Co | Riverbank, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Garden Center, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

3.14 AC

LAND SF

136,778 SF

ZONING

-

APN/PARCEL ID

075-11-33

ASK ABOUT THIS PROPERTY

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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