1700 Bell LnAtwater, CA 95301

  • Commercial real estate
  • 20,338 SF
For Sale
$6,500,000 View listing

Property Details for 1700 Bell Ln

Year built
2008
Construction
TILT-UP CONCRETE
Lot size
2.41 AC
Property size (Sq ft)
20,338 SF
Property type
Commercial real estate
APN
001-260-029-000
APU
1260029000

Description

This exceptional investment opportunity presents a 20,288-square-foot Tractor Supply Co. storefront in Atwater, CA. Boasting a 6.00% cap rate and a substantial net operating income (NOI) of $387,500, this single-tenant property offers a secure, long-term lease with a corporate guarantee from Tractor Supply Company. The lease, commencing December 17, 2007, and expiring December 31, 2035, has over 11 years remaining, with four, five-year renewal options including built-in rental increases. The property is situated on a 2.41-acre lot (APN: 001-260-029-000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,109,437
    Hospitality
    $4,680,217
    Educational
    $3,893,886
    Medical
    $4,027,802
    Retail
    $6,057,156
1700 Bell Ln, Atwater, California

Location Insight

City
Atwater
County
Merced
State
California
Latitude
37.345
Longitude
-120.616
CBSA code
32900
CBSA name
MERCED, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$72,342
$758,551
$5,990,335
$6,748,886
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