Livingston Retail for Sale - Outlying Merced County

474 Winton Parkway presents the opportunity to acquire a premier single-tenant net-leased investment occupied by CVS Pharmacy, the largest pharmacy chain in the United States and one of the nation's leading retail healthcare providers. As the area's primary pharmacy, CVS serves as a necessity-based retailer with limited direct competition, providing an essential service to the surrounding community and supporting long-term tenant performance. The asset is secured by an investment-grade tenant and features approximately 14.5 years of remaining lease term, providing investors with stable, predictable cash flow. The lease is structured as an Absolute Triple Net (NNN) lease, creating a truly passive ownership opportunity with no landlord responsibilities. Upon expiration of the initial lease term in 2041, the tenant has ten (10) five-year renewal options with the first two being fixed rent, and the next eight being at Fair Market Value. This offers the potential for decades of continued occupancy. Strategically located immediately off California State Route 99, the property benefits from outstanding visibility and accessibility, with approximately 62,000 vehicles per day traveling along Highway 99 and an additional 9,500 vehicles per day at the signalized intersection of Winton Parkway and B Street. The property is further enhanced by a drive-thru pharmacy, improving customer convenience and operational efficiency, as well as approximately 59 on-site parking spaces to accommodate strong customer traffic. Combining an investment-grade tenant, long-term Absolute NNN lease structure, essential-use tenancy, strategic highway location, and strong surrounding growth, 474 Winton Parkway represents an exceptional opportunity to acquire a passive, institutional-quality net-leased asset with durable long-term income

Property Subtype:

Drug Store

Date on Market:

2026-08-12

Portfolio of properties for Sale - Modesto

Date on Market:

2026-06-17

Modesto Retail for Sale

Franchisee level corporate guaranty with a long-term La-Z-Boy operator that has 21 locations and growing in Northern California. The sale lease back proceeds will be used to fund further expansion.

Date on Market:

2026-05-13

Portfolio of properties for Sale - Modesto

Gross Price: $13,246,000 Gross Cap: 9.14% Net Price: $10,267,000 Net Cap: 11.79% 1) Properties can be purchased individually. San Clemente does not have assumable debt available. All other sites can be purchased either free and clear or with the assumption of the existing debt. 2) All sites have Rent Holidays for the final three years of the initial term, but San Clemente’s Rent Holiday commences Oct. 2026-2029.

Date on Market:

2026-04-14

Modesto Retail for Sale

- Single Tenant Net Lease opportunity with brand new 15-YEAR extension - 10% increases every 5 years - Absolute NNN lease - Long term tenant with stable cash flow who has been in the property for 30+ year term - Larger Store Format and is the number 1 producing store in the area

Property Subtype:

Freestanding

Date on Market:

2026-04-01

Turlock Retail for Sale - Turlock/SW Stanislaus

This offering presents the opportunity to acquire a high-quality, corporate-backed net lease asset occupied by Chili's Grill & Bar, a nationally recognized brand operated by Brinker International (NYSE: EAT), a publicly traded company generating approximately $4.36 billion in annual revenue. The tenant has successfully operated at this location for over 20 years and recently executed a 10-year lease extension, demonstrating long-term commitment to the site. The property consists of a 5,991-square-foot freestanding restaurant building situated on a 47,480-square-foot corner parcel with approximately 116 feet of frontage along Countryside Drive at a signalized intersection, offering excellent visibility and access. Located within Monte Vista Crossings, a dominant 1.4+ million square foot regional power center ranked among the most visited in California, the asset benefits from exceptional consumer traffic driven by surrounding national retailers including The Home Depot, Target, Safeway, Lowe's, Kohl's, and In-N-Out Burger. Monte Vista Crossings is further enhanced by three monument signs along California State Highway 99, providing unmatched regional visibility and accessibility. The asset is structured as a corporate ground lease (leasehold) with a true triple-net (NNN) lease and no landlord responsibilities, offering passive, management-free income backed by a proven operator in one of the Central Valley’s premier retail destinations.

Property Subtype:

Restaurant

Date on Market:

2026-03-18

Ceres Retail for Sale - Modesto

PMZ Commercial Real Estate is pleased to present the exclusive opportunity to acquire a ±3,000 square foot, freestanding retail asset with drive-thru, leased to a Farmer Boys franchisee. The property is strategically located in Ceres, California, offering immediate access to Highway 99 and strong frontage along Mitchell Road near the intersection of Mitchell Road and Service Road, which benefits from traffic counts exceeding 25,000 vehicles per day. The asset is ideally situated at the entrance to an ARCO gas station and car wash and directly across from a dominant regional retail corridor featuring nationally recognized brands such as Super Walmart, Starbucks, In-N-Out Burger, Popeyes, Panda Express, Chipotle, Quick Quack Car Wash, and Tractor Supply. The surrounding tenant mix and high-traffic location provide excellent consumer draw and long-term site viability. This offering represents an opportunity to acquire a well-maintained, pride-of-ownership retail property secured by an established franchisee tenant with a long-term lease commitment, providing stable cash flow and attractive investment fundamentals. Across the street from the Ceres Gateway Center, with notable tenants including a Walmart Supercenter, Tractor Supply, In-N-Out Burger, and others Brand new 20-year lease Operated by top performing Farmer Boys Franchisee Strong brand, with over 100 locations throughout the U.S. Mitchell Rd location with approximately 27,975 ADT Immediate freeway access Nearby National retailers High demand QSR Built in 2008

Property Subtype:

Fast Food

Date on Market:

2026-02-18

Modesto Retail for Sale

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN leased, investment grade (S&P: BBB), 24-hour, freestanding CVS investment property located in Modesto, CA. The tenant has approximately 9 years of firm term remaining with 1 (1-year) and 6 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. CVS is America’s leading retail pharmacy and has more than 9,000 retail pharmacy locations, more than 1,000 walk-in and primary care medical clinics, a leading pharmacy benefits manager with approximately 90 million plan members, and a dedicated senior pharmacy care business serving more than 800,000 patients per year. The site is ideally positioned as the only 24-hour pharmacy in the trade area and recently acquired the prescriptions from the former Rite Aid pharmacy directly across the street, effectively capturing displaced demand and solidifying its role as the primary pharmacy destination in the market. Lastly, the asset can be purchased free and clear or with the assumption of CTL zero cash flow financing, which also includes a paydown/readvance feature allowing 1031 investors to pull cash out from the transaction (see page 17 for more details).

Property Subtype:

Drug Store

Date on Market:

2026-02-04