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901 CommerceAtwater, CA 95301

Merced County

$3,495,000List price
1,794Sq Ft
0.93Acre lot
1Stories
8 days agoOn market

Description

Century 21 Select is pleased to present 901 Commerce Avenue in Atwater California. This property is a 2022 build with an absolute NNN corporate guaranteed lease to Oil Changers recently acquired by Valvoline Inc in 2025.The lot size is approximately .92 acres and the building size is approximately 1,794 sqft. The subject property sits directly across a Target, Walmart supercenter, Marshalls and Applebee's just to name a few of the strong tenants in the immediate area. Along with the property being surrounded by many strong tenants it is also near the on and off ramps of HWY 99 adding to the parcel's long term value. The building was completed in 2022 and has an initial term of 15 years that commenced in November 2022. At the time of listing there are approximately 11 years left of the initial term. The next rent increase will be in Nov 2027. The property is listed at a pro forma cap rate of 4.25% reflecting the next rent increase in November 2027 however the seller is willing to credit the difference of the current rent amount and the pro forma cap rate assuming the sale is closed before the next rent increase.

Property Information

Property type
Commercial Sale
Stories
1
Building area
1,794 Sq Ft
Lot size
0.93 acres
Days on market
8
MLS® Listing#
MC26214615

Property Features

Laundry
None
Water source
Public
Parcel number
003180028000

Directions

Across the street from applebee's

Listing Courtesy: Century 21 Select Real Estate - 209-201-7045

Presented by: Nickolas Queen

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-01T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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