- For Sale $3,625,000
- Property Type Retail - Street Retail
- Property Size 26,136 SF
- Lot Size 2.36 Acre
- Year Built 1984
- Date Updated May 13, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Corporate Guarantee: Leased to CVS Pharmacy (NYSE: CVS), an Investment-Grade Tenant (S&P: BBB) with Over 9,000 Locations Nationwide
- Extremely Below-Market Rent: Tenant is Paying $5.55 PSF, Significantly Below the Market Average of $22.28 PSF—Offering Substantial Future Upside While Minimizing Downside Risk
- High Barrier-to-Entry Location: Limited Supply of Comparable Retail Properties Along the North Main Street Corridor with Strong Surrounding Demographics & Retail Demand
- Proximity to Major Highways: Strategically Located Near Highway 99 (74,000+ VPD) and Highway 120 (84,000+ VPD), Providing Exceptional Regional Access
- Strong Population Growth: Population within a 5-mile Radius has Grown by Over 10% Since 2010, with Continued Projected Growth of 5.5% Over the Next Five Years
- Dense, Growing Trade Area: Located in Manteca, Part of the Rapidly Expanding Central Valley Region, with Over 115,000 Residents within a 5-Mile Radius
- Long-Term Occupancy History: CVS (Previously Longs Drugs) Has Been Successfully Operating at this Location Since 1984, Demonstrating Commitment to this Site and its Performance
- Surrounding National Retailers: Neighboring Tenants Include Save-Mart, 7/11, Carl's Jr, Jack in the Box, & More
- NNN Lease Structure: Zero Landlord Responsibilities
False
Contacts
Location
Getting Around
-
Walk Score ®
75/100 Very Walkable
-
Bike Score ®
56/100 Bikeable
- City Manteca, CA
- Zip Code 95336
- Market Central Valley
Points of Interest
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7-Eleven
0.33 miles
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Chevron
0.92 miles
-
Quick Stop
1.09 miles
-
Quicki Kleen Car wash
1.20 miles
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Quick And Easy
1.27 miles
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Sinclair
1.31 miles
-
76
1.41 miles
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Extra Mile
1.52 miles
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ChargePoint
1.55 miles
-
Tesla Supercharger
1.57 miles
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Softball Complex Parking
0.88 miles
-
East Union Faculty Parking
1.17 miles
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Student Parking Lot
1.27 miles
-
SSI Employee Parking
2.99 miles
-
Tesla Vehicle Logistics Center
3.94 miles
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Mariposa Road
8.25 miles
-
Subway
0.08 miles
-
Straw Hat Pizza
0.10 miles
-
Jack in the Box
0.17 miles
-
Carl's Jr.
0.21 miles
-
Pizza Hut
0.26 miles
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Waffle Shop
0.38 miles
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Chubby's Diner
0.40 miles
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Taco Bell
0.40 miles
-
Burger King
0.42 miles
-
De Vega Brothers
0.62 miles
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Food 4 Less
1.48 miles
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Raley's
1.52 miles
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Grocery Outlet
1.55 miles
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Target
1.68 miles
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Save Mart
1.69 miles
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TJ Maxx
1.75 miles
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Burlington
1.77 miles
-
Safeway
1.89 miles
-
Walmart Supercenter
1.97 miles
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JCPenney
2.44 miles
Frequently Asked Questions
The space currently listed for sale at CVS asks for $3,625,000.
CVS totals 26,136 square feet.
CVS was built in 1984.
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Elevate Net Lease