2211 Rockefeller DrCeres, CA 95307
High-Traffic Auto Shop, Excellent NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- 7,500 SF auto shop leased to Gerber Collision & Glass, the nation's second-largest MSO.
- New 5-year lease with 20-year options; Gerber recently invested significant capital improvements.
- High-traffic location adjacent to Highway 99 (approx. 104,700 vehicles daily).
- Strong investment fundamentals: 6.75% cap rate, $102,000 NOI, $1,511,111 asking price ($201/SF).
- Thriving location: population exceeding 180,000 and average household income of $93,182 within a 5-mile radius.
- Proven track record: Previous owner operated successfully for 22 years.
Property Details for 2211 Rockefeller Dr
- Property type
- Retail properties, Auto shops
- Square Feet
- 7,500 SF
- Year Built
- 2002
Location Insight
- City
- Ceres
- County
- Stanislaus
- State
- California
- Latitude
- 37.5974763
- Longitude
- -120.9707602
Nearby Similar for Sale
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