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Applegate Square 1507-1515 Bell Dr

5,428 SF 100% Leased Retail Building Atwater, CA 95301 $4,914,900 CAD ($905 CAD/SF) 5% Cap Rate

Investment Highlights

  • 100% leased to National Tenants
  • Signalized hard corner location with great visibility, frontage and access
  • Active retail growth area
  • NNN leases
  • Located near the on/off ramps to Highway 99 with over 100,000 cars per day
  • Neighboring National Tenants include McDonald’s, Starbucks, Panda Express, Carl’s Jr., Arco AM/PM, O’Reilly Auto Parts and Tractor Supply Company

Executive Summary

100% leased to National Tenants.
NNN leases.
Signalized hard corner location with great visibility, frontage and access.
Located near the on/off ramps to Highway 99 with over 100,000 cars per day.
Active retail growth area.
Sale is contingent on Seller finding a suitable 1031 exchange property.

Attachments

ApplegateSquare

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,428 SF
Building Class
B
Year Built
2013
Price
$4,914,900 CAD
Price Per SF
$905 CAD
Cap Rate
5%
NOI
$245,745 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.15
Lot Size
0.82 AC
Zoning
BP - Business Park
Parking
15 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
214 ft on Applegate Rd

Amenities

  • Pylon Sign
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • -
  • 99,999 SF
  • -
  • Jan 0000

Verizon has work because their customers value their high-quality communications services. They deliver superior customer experiences through their products and their actions. Everything they do, they build on a strong network, systems and process foundation. The quality and reliability of the products they deliver are paramount. Customers pay them to provide them with services that they can rely on. They focus outward on the customer, not inward. They make it easy for customers to do business with them, by listening, anticipating and responding to their needs. They know their products and can explain them to customers. They focus on fundamental execution. They are accountable and they follow through with a sense of urgency. They know that having the highest ethical standards is a competitive advantage.

  • -
  • 99,999 SF
  • -
  • -

Victra doesn't just consider people customers – they strive to treat them as their “guest” when they join them in any of their nearly 1,500 convenient locations. Their knowledgeable and dedicated store consultants and managers offer a full range of wireless devices including phones, tablets, mobile broadband, wearable technology, accessories and product insurance. Getting the best performance for this technology matters, and Verizon delivers.

Tenant Industry SF OCCUPIED RENT/SF Lease End
- 99,999 SF - Jan 0000
- 99,999 SF - -

Nearby Major Retailers

Deli Delicious
The Habit Burger Grill
Starbucks
Denny's
PNC Bank
Applebee's
Sunbelt Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-260-035
Land Assessment
$1,667,119 CAD
Improvements Assessment
$3,150,859 CAD
Total Assessment
$4,817,978 CAD
  • Listing ID: 34381375

  • Date on Market: 2025-01-06

  • Last Updated:

  • Address: 1507-1515 Bell Dr, Atwater, CA 95301

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