Merced, CA 95348,2773 N State Highway 59
$15,997,500
Est. payment /mo
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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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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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2773 N State Highway 59