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Dollar Tree 2120 E Pacheco Blvd 8,320 SF Retail Building Los Banos, CA 93635 $2,566,000 ($308.41/SF) 6.40% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent visibility along State Highway 152 (E. Pacheco Blvd) with 54,213± ADT
  • Attractive rent increases: 15% in 2029 and 10% every five years thereafter.
  • Stabilized, income-producing asset with long-term national credit tenant in place
  • Recent lease extension - demonstrating commitment to location
  • Adjacent to major retailers, restaurants, and shopping centers

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
C
Year Built
2014
Price
$2,566,000
Price Per SF
$308.41
Cap Rate
6.40%
NOI
$164,224
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.00 AC
Zoning
GC - General Commercial
Parking
20 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
217’ on E Pacheco Blvd

AMENITIES

  • Corner Lot

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Dollar Tree is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

Starbucks
Chili's Grill & Bar
Deli Delicious
Dutch Bros. Coffee
Rent-A-Center
Save Mart
Grocery Outlet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
428-160-031
Land Assessment
$910,261
Improvements Assessment
$1,638,471
Total Assessment
$2,548,732
  • Listing ID: 35689983

  • Date on Market: 4/30/2025

  • Last Updated:

  • Address: 2120 E Pacheco Blvd, Los Banos, CA 93635

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