$15,997,500
Est. payment /mo
199,667 SqFt
New
2773 N State Highway 59 Merced, CA 95348
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Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 199,667 sqft
Price per Sqft $80
MLS Listing ID CRMC26006786
HOA Y/N No
Lot Size 22.300 Acres
Property Sub-Type Warehouse
Source Datashare California Regional
Property Description
Just under 200,000 SF of buildings on 22.3 acres. Has 8.27+/- acres of excess buildable land on which to build additional buildings. Gross Scheudle rent as of 1-1-26 $133,606.68 /month = $ 1,603,280.00 / year. Bldg. A consists of a modern and attractive standalone 7,126 SF office building + a new (built 2021) 2,400 SF metal shop bldg. Leased on a modified gross basis. Landlord pays Base Yr. Operating Expenses and Tenant pays its prorata share of increase over the Base Yr. with exception that Tenant pays all of taxes for new shop Bldg. COLAs in January based on increase in CPI but never less than 3% or greater than 8% / year. Tenant currently pays $10,244.30/ month ($9,204.83 Base Rent +$1,039.50 CAMs. Bldg. B is a 15,300 SF standalone fully sprinklered metal bldg. with an attached 240 SF office. Bldg.has minimum 22' clear height and has 8 roll-up doors (4@ on east and west sides of Bldg.). Tenant pays $12,508.84 / month ($10,810.37 Base Rent + $1,698.47 NNNs). Bldg. C is a 70,902 SF fully sprinklered metal bldg. with 8 recessed truck docks and 3,000 AMP electrical service provided by MID. Tenant currently pays $43,711.99 / month ($ 38,537.58 Base Rent + $7,174.41 NNNs). Bldg. D is a fully spinklered, concrete tilt-up with 24' clear height under roof trusses and 2,000 AMP electric
Location
State CA
County Merced
Interior
Fireplace No
Building
Water Public

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