Lead Agents
Ceres Marketplace Shopping Center
Ceres, CA (Modesto MSA)
Price:
$19,810,000
Cap Rate:
6.75%
NOI:
$1,337204
Built:
1998-2000
Building Size (SF):
105,720 SF
Lot Size (Acres):
9.30 AC (4 Parcels)
Ceres Marketplace is a fully leased, grocery-anchored shopping center anchored by Grocery Outlet, Crunch Fitness, and Ross Dress for Less, with a complementary mix of national and regional tenants. Recently upgraded with over $4M in renovations, the property sits on East Hatch Road, Ceres’ dominant retail corridor just off Highway 99. With exceptional sales performance across its anchor tenants and strong surrounding household density, this center stands as a core retail hub for Ceres and southern Modesto.
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