1992 Rockefeller Dr
Ceres, CA 95307
1990 & 1992 Rockefeller Dr · Industriel Propriété À vendre · 130 916 pi² Total

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.