Ceres Marketplace Shopping Center

Ceres Marketplace is a thriving, fully leased daily needs center, attractively priced at just $200 per square foot. Benefiting from $4 million in recent renovations, the center is anchored by three tenants, Grocery Outlet, Big Lots, and Ross, and shadow anchored by Home Depot.

Price:

$20,734,000

Cap Rate:

6.50%

NOI:

$1,347,732

Category:

Shopping Center

Location:

Ceres, CA (Modesto MSA)

Building Size (SF):

105,720

Lot Size (Acres)

9.30 (4 Parcels)

Built:

1998-2000

Contact Agent:

Dave Lucas

(415) 269-8969

dave@monarchcommercial.com
Contact Agent:

Brandon Norton

(925) 286-5049

brandon@monarchcommercial.com
Highlight
Fresh, extended leases with Big Lots and Grocery Outlet are set to draw an even larger crowd to this bustling shopping center, enhancing its robust foot traffic.

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