Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 2901 Apron Ave, Atwater, CA, a single ±76,110 square foot industrial warehouse situated on ±5.06-acres of paved land. The building has several desirable features including two (2) rail spurs with direct access into the building via five (5) rail-doors, seven (7) dock-high doors, three (3) ramp doors, fire sprinklers, and multiple cranes which can be removed or sold with the building. The property is located within Merced County's Castle Commerce Center, which was recently awarded a record-breaking $49.6 million grant by the California State Transportation Agency (CalSTA). The grant will be utilized to build-out an inland port at Castle Commerce Center, leveraging its unique capacity to move freight worldwide. Furthermore, the grant will develop 70-acres south of the subject property to support pre-shipment processing and intermodal cross-docking for central valley agricultural producers, provide cost-effective direct rail-service for shippers, and expand the railway to a new staging and container laydown area. Construction is expected to be completed by mid-2028. In summary, the offering presents a rare opportunity for prospective buyers to acquire a highly desirable distribution/manufacturing warehouse in a location that is expected to have explosive growth as the development of Castle Commerce Center's multimodal freight transportation is further enhanced.