Map of Property

CVS

For Sale

1651 Bellevue Rd, Atwater, CA 95301

This Atwater property for sale is located at 1651 Bellevue Rd. The current listed sale price for CVS is $3,000,000. CVS is situated on a lot that is 2 acre in size.

Contacts

broker
Robert Michil

Elevate Net Lease

Property Details

  • 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

Getting around

  • 66/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Robert Michil

Elevate Net Lease

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