Log In/Sign Up
Your email has been sent.
1990 & 1992 Rockefeller Dr 2 Industrial Properties in Ceres, CA
Investment Highlights
- Copy Link to Download Offering Memorandum: https://bit.ly/1990rockefellerLN
- EXCELLENT FREEWAY-ADJACENT LOCATION WITH LIMITED COMPETITION
- DOCK-HEAVY MID BAY PROJECT WITH UPSIDE
- HIGH DEMAND CENTRAL VALLEY INDUSTRIAL MARKET
Executive Summary
DOCK-HEAVY MID BAY PROJECT WITH UPSIDE
* FIRST-TO-LEASE, INSTITUTIONAL QUALITY | Concrete tilt-up construction, freeway-adjacent, 22’ clear height, minimal office buildout, variable suite sizes, and 63 loading docks make this a uniquely desirable first-to-lease asset.
* STABILIZED INDUSTRIAL INCOME STREAM | 100% occupancy across 130,353 SF provides immediate in place cash flow with no downtime at acquisition.
* CONSISTENT NNN EXPENSE STRUCTURE | Nearly all tenants operate on NNN leases, minimizing landlord expense exposure and enhancing long term cash flow efficiency.
EXCELLENT FREEWAY-ADJACENT LOCATION WITH LIMITED COMPETITION
* EXTREMELY LIMITED COMPETITION TO ROCKEFELLER | There are currently only 4 other spaces available for lease in the entire Modesto/Ceres market that have at least one loading dock and are 12,000 SF or smaller (per Costar).
* FREEWAY VISIBILITY| Great signage opportunity given the property’s adjacency to Highway 99 (±107,000 ADT).
* PROXIMITY TO MAJOR TRANSPORTATION ROUTES | Immediate access to regional freeways (Highway 99 and CA-132) enhances tenant logistics efficiency for both local and multi market operations.
STRONG MARKET FUNDAMENTALS
* HIGH DEMAND CENTRAL VALLEY INDUSTRIAL MARKET | The region continues to benefit from strong logistics and manufacturing demand, supported by population growth and occupier expansion.
* HEALTHY LOCAL MARKET FUNDAMENTALS | The Modesto/Ceres market, which comprises 37 MSF, has a low 7% vacancy rate. However, for buildings 70,000 SF and smaller like the subject, the vacancy rate drops to 3.5% (per Costar).
* RESILIENT OCCUPIER BASE | Diverse industries including HVAC, refrigeration, manufacturing, and distribution continue to expand throughout the region, driving absorption.
* FIRST-TO-LEASE, INSTITUTIONAL QUALITY | Concrete tilt-up construction, freeway-adjacent, 22’ clear height, minimal office buildout, variable suite sizes, and 63 loading docks make this a uniquely desirable first-to-lease asset.
* STABILIZED INDUSTRIAL INCOME STREAM | 100% occupancy across 130,353 SF provides immediate in place cash flow with no downtime at acquisition.
* CONSISTENT NNN EXPENSE STRUCTURE | Nearly all tenants operate on NNN leases, minimizing landlord expense exposure and enhancing long term cash flow efficiency.
EXCELLENT FREEWAY-ADJACENT LOCATION WITH LIMITED COMPETITION
* EXTREMELY LIMITED COMPETITION TO ROCKEFELLER | There are currently only 4 other spaces available for lease in the entire Modesto/Ceres market that have at least one loading dock and are 12,000 SF or smaller (per Costar).
* FREEWAY VISIBILITY| Great signage opportunity given the property’s adjacency to Highway 99 (±107,000 ADT).
* PROXIMITY TO MAJOR TRANSPORTATION ROUTES | Immediate access to regional freeways (Highway 99 and CA-132) enhances tenant logistics efficiency for both local and multi market operations.
STRONG MARKET FUNDAMENTALS
* HIGH DEMAND CENTRAL VALLEY INDUSTRIAL MARKET | The region continues to benefit from strong logistics and manufacturing demand, supported by population growth and occupier expansion.
* HEALTHY LOCAL MARKET FUNDAMENTALS | The Modesto/Ceres market, which comprises 37 MSF, has a low 7% vacancy rate. However, for buildings 70,000 SF and smaller like the subject, the vacancy rate drops to 3.5% (per Costar).
* RESILIENT OCCUPIER BASE | Diverse industries including HVAC, refrigeration, manufacturing, and distribution continue to expand throughout the region, driving absorption.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 130,916 SF |
| Number of Properties | 2 | Total Land Area | 7.91 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 130,916 SF |
| Total Land Area | 7.91 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1990 Rockefeller Dr, Ceres, CA 95307 | Industrial | 66,169 SF | 1991 | - |
| 1992 Rockefeller Dr, Ceres, CA 95307 | Industrial | 64,747 SF | 1991 | - |
1 1
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1990 & 1992 Rockefeller Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.