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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
$2,468,150
Price Per SF
$296.65
Cap Rate
6.65%
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 started when Macon Brock, Doug Perry, and Ray Compton opened the first only dollar store in Georgia. The company expanded rapidly through the 1990s, acquiring competitors like Dollar Bill and Clearance Centers. In 2015, Dollar Tree merged with Family Dollar, creating a retail giant with thousands of locations across North America. Today, the company operates both Dollar Tree and Family Dollar stores that sell everything from household goods to frozen foods. Dollar Tree emphasizes value and convenience in all its product offerings.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Chili's Grill & Bar
Deli Delicious
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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