CnC Realty
1 / 2

$3,500,000

901 Commerce

Atwater, CA 95301

Active

Merced

County

Business

Property Type

About this home

Century 21 Select is pleased to present 901 Commerce Avenue in Atwater California. This property is a 2022 build with an absolute NNN corporate guaranteed lease to Oil Changers recently acquired by Valvoline Inc in 2025. The lot size is approximately .92 acres and the building size is approximately 1,794 sqft. The subject property sits directly across a Target, Walmart supercenter, Marshalls and Applebee's just to name a few of the strong tenants in the immediate area. Along with the property being surrounded by many strong tenants it is also near the on and off ramps of HWY 99 adding to the parcel's long term value. The building was completed in 2022 and has an initial term of 15 years that commenced in November 2022. At the time of listing there are approximately 11 years left of the initial term. The next rent increase will be in Nov 2027. The property is listed at a pro forma cap rate of 4.25% reflecting the next rent increase in November 2027 however the seller is willing to credit the difference of the current rent amount and the pro forma cap rate assuming the sale is closed before the next rent increase.

Listed by Nickolas Queen · DRE #02118163 · Century 21 Select Real Estate
MLS #1191870515
ListedOct 1, 2026

Property Details

Architecture

Stories1
StyleN/A
Total UnitsN/A
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryNone
Parking FeaturesN/A
Parking TotalN/A
Patio & PorchN/A
Entry Level1
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size0.93 ac
Lot FeaturesZero To One Unit Acre
ViewN/A
Directionsacross the street from the applebee's

Community

AreaN/A
School DistrictN/A

Tax & Financial

TermsCash, Exchange1031
Land LeaseN/A
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$18,628/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 9:00 PM

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