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23186096
23186097

2120 E Pacheco Blvd, Los Banos, CA 93635

TM
CA 00952671
Newmark - Fresno
CH
CA 01904352
Newmark - Fresno
KM
CA CA 02217573
Retail California
Listed by Newmark - Fresno, Retail California
$2,468,150
399 days on market
Updated 99 days ago

2120 E. Pacheco Boulevard

Details
APN 428-160-031
Property Type Retail
Sub Type Shopping Center
Square Footage 8,320
Net Rentable (SqFt) 8,320
Cap Rate 6.40%
NOI $164,132
Tenancy Single
Lease Type NNN
Lease Expiration 06/29/2029
Buildings 1
Acreage 1.000
Zoning GC (General Commercial)
Lease Commencement 06/30/2014

Commercial Investment Property - Available for Sale

Marketing description

Offered for sale is a prime commercial property located at 2120 E. Pacheco Boulevard in Los Banos, CA—an exceptional investment opportunity with a national credit tenant in place. The property is currently leased to Dollar Tree, who recently exercised their five year option, demonstrating their commitment to the location.

The property is part of a regional muti tenant shopping center anchored by Food For Less grocery that rests along Highway 152 Los Banos’ vibrant retail corridor with over 54,000 vehicles per day at the intersection.

Neighboring tenants include Home Depot, McDonald’s Starbucks, Chili’s, Panda Express and more.

2120 E. Pacheco Boulevard is ideally located in the heart of Los Banos, CA, along State Highway 152—a major east-west arterial connecting the Central Valley to the Central Coast. This high-traffic corridor sees significant daily commuter and commercial vehicle flow, offering unparalleled exposure for tenants. The property is positioned within a well-established commercial zone, surrounded by national retailers, shopping centers, and essential services. Nearby tenants include Grocery Outlet, dd’s Discounts, Starbucks, and McDonald’s, contributing to strong consumer draw in the area. The site also benefits from proximity to dense residential neighborhoods and key community amenities, including Pacheco High School and Los Banos Memorial Hospital. As Los Banos continues to grow due to its affordability and accessibility to the Bay Area, this location stands out as a strategic and high-demand investment market.

Investment highlights

  • Excellent visibility along State Highway 152 (E. Pacheco Blvd) with 54,213± ADT

  • Recent lease extension - demonstrating commitment to location

  • Attractive rent increases: 15% in 2029 and 10% every five years thereafter.

  • Adjacent to major retailers, restaurants, and shopping centers

  • Stabilized, income-producing asset with long-term national credit tenant in place

Listing Contacts

TM
CA 00952671
Newmark - Fresno
CH
CA 01904352
Newmark - Fresno
KM
CA CA 02217573
Retail California
Listed by Newmark - Fresno, Retail California

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$164,132.00
$13,677.67/mo

Valuation Metrics

0
DSCR
6.65%
Cap Rate
6.65%
ROI

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Additional Information

Name
Kelsey McKenney
License
CA 02217573
Brokerage
Retail California
Title
Real Estate Agent
Brokerage Address
7480 North Palm Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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