Map of Property

CVS

1651 Bellevue Rd, Atwater, CA 95301

  • For Sale $3,000,000
  • Property Type Retail - Street Retail
  • Property Size 13,225 SF
  • Lot Size 2 Acre
  • Year Built 2007
  • Date Updated May 22, 2025
Single-Tenant Freestanding CVS Ground Lease in Atwater, CASingle-Tenant Freestanding CVS Ground Lease in Atwater, CA
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Highlights

  • Absolute NNN Ground Lease | Zero Landlord Responsibility
  • Strong National Tenant | Leased to CVS Pharmacy (NYSE: CVS), One of the Largest Retail Pharmacy Chains in the U.S., with an Investment-Grade Credit Rating (S&P: BBB)
  • Below-Market Rent | Current Rent of $9.07 PSF is Significantly Below Local Market Retail Rents of $18.65 PSF, Providing Strong Long-Term Rent Growth Potential
  • Dense Demographics | Population Exceeds 49,000 within 3-Mile Radius
  • Robust Projected Population Growth of 6.89% within 3-Mile Radius by 2029
  • Dense Retail & Residential Corridor | Surrounded by National Retailers Including Save-Mart, Chase Bank, Jack in the Box, Sonic & More
  • Hard Asset in a Supply-Constrained Market | Rare & Highly Sought-After California Ground Lease Asset with National Credit Tenant | Historically Strong Appreciation of Real Estate Value

Contacts

broker
Robert Michil

Elevate Net Lease

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Atwater, CA
  • Zip Code 95301
  • Market Central Valley

Points of Interest

  • Atwater Shell

    0.89 miles

  • Silveira Petroleum

    0.92 miles

  • Gas & Save

    1.05 miles

  • Chevron

    1.12 miles

  • Arco

    1.28 miles

  • Winston Food Mart & Gas

    1.69 miles

  • Kwik Serve Gas

    6.33 miles

  • Sinclair

    6.34 miles

  • Great America Gas

    6.42 miles

  • RDA Parking Structure

    8.05 miles

  • ECEC Lot

    9.86 miles

  • Scholars Lot

    9.88 miles

  • Bellevue Lot

    9.95 miles

  • Sonic

    0.08 miles

  • Jack in the Box

    0.17 miles

  • Me-n-ed's Pizzeria

    0.17 miles

  • Burger King

    0.19 miles

  • Brooks Ranch

    0.47 miles

  • Pizza Hut

    0.48 miles

  • Taco Bell

    0.51 miles

  • Fosters Freeze

    0.68 miles

  • Maria's Taco Shop

    0.79 miles

  • La Playa Seafood

    0.80 miles

  • Save Mart

    0.08 miles

  • Carniceria El Cerrito

    0.36 miles

  • Food 4 Less

    0.89 miles

  • Las Brisas Market

    0.90 miles

  • Broadway Market

    0.94 miles

  • Carniceria La Mexicana

    0.95 miles

  • Marshalls

    1.39 miles

  • Target

    1.41 miles

  • Walmart Supercenter

    1.48 miles

  • Winton Market

    1.49 miles

Frequently Asked Questions

How much does CVS cost?

The space currently listed for sale at CVS asks for $3,000,000.

What is the total square footage of CVS?

CVS totals 13,225 square feet.

When was this property built?

CVS was built in 2007.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Robert Michil

Elevate Net Lease

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