What is the asking price for 1301 E Service Rd?

The lease rate for space here is Contact for pricing.

What is the total size of 1301 E Service Rd?

The property has a total square footage of 2,820 SF.

When was this property built?

1301 E Service Rd was built in 1990.

How many parking spaces are available at 1301 E Service Rd?

Parking information for the property isn't currently listed. However, other nearby parking options include Unpaved Circle parking, located 3.52 miles away , and Grub Hub, which is 4.06 miles away.

1301 E Service Rd, Ceres, CA 95307

For Sale $1,995,000
Property Type Retail - Street Retail
Property Size 2,820 SF
Units 1
Lot Size 0.66 Acre
Building Class C
Year Built 1990
Date Updated Aug 4, 2026

Description

The Property is located at 1301 Service Rd in Ceres, California, within the Modesto MSA and Central Valley trade area. Positioned at the Service Road and Morgan Road intersection, the site serves a mix of local neighborhood traffic, commuter movement, and daily-needs customers. The location benefits from its established Ceres setting, surrounding residential demand, and regional access within Stanislaus County’s broader commercial corridor.The offering provides investors the opportunity to acquire the fee simple interest in a single-tenant Quik Stop Markets, Inc. fuel and convenience store leased on a NNN basis. The asset features current annual rent of $114,720, an asking price of $1,995,000, a 5.75% cap rate, approximately 8+ years of current lease control through April 30, 2035, and five additional 5-year renewal options through 2060, with the tenant operating under the broader EG America / Cumberland Farms platform.

Highlights

8+ Years of Lease Control Tenant has control through April 30, 2035, with additional renewal options extending through 2060.
Corporate Convenience Store Platform Quik Stop is part of the broader EG America / Cumberland Farms convenience store platform.
Current 5.75% Cap Rate Based on the asking price of $1,995,000 and current NOI.
Established Operating History The site has long-term Quik Stop tenancy and original ownership history, supporting continuity at the location.
Fee Simple Real Estate Opportunity to acquire the fee simple interest in the real property, subject to the existing Quik Stop NNN lease.
Potential Tax-Oriented Benefits As a fee-simple convenience/fuel retail asset, the property may offer tax-oriented planning considerations; buyer to consult their tax advisor.
Scheduled Rent Growth Lease includes future rental increases, with current annual rent of $114,720 and projected growth through future option periods.
Service Road & Morgan Road Corner Location The property is positioned at a visible corner in Ceres, within the Modesto MSA and Central Valley trade area.
Single-Tenant NNN Investment Quik Stop Markets, Inc. operates under a NNN lease structure, offering investors a passive ownership profile.