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Lead Agents

Dave Lucas

(415) 269-8969

dave@monarchcommercial.com

CA DRE# 01389761

NV RED# 10011411

Brandon Norton

(925) 286-5049

brandon@monarchcommercial.com

CA DRE #01985777

ADRE #BR710308000

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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