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Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$2,800,000

Est. payment - /mo

2 Acres Lot

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226088940

HOA Y/N No

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Mixed Use

Source MLS Metrolist

Property Description

Here is an opportunity to acquire a LOCAL Government-Leased Retail Investment with a brand new 15-Year (NNN) lease in-place! This is a fully renovated 7,676-square-foot modern commercial retail condominium strategically located in the heart of Merced's rapidly revitalizing retail corridor. Currently occupied by the Merced County Department of Workforce Investment, providing investors with long-term, predictable cash flow backed by a government agency tenant. The lease structure offers some landlord responsibilities while featuring scheduled rental increases beginning in Year 3, providing steady income growth throughout the lease term. Positioned within one of Merced's premier regional retail destinations, the property benefits from its location between Marketplace Merced (formerly the Merced Mall) and The Shoppes at Merced. The surrounding 53-acre grocery-anchored regional shopping center is undergoing a significant redevelopment, bringing new retailers, renewed consumer activity, and long-term investment into one of the city's most prominent commercial corridors. The property is in a highly visible location with multiple points of ingress and egress, abundant parking, and exposure to thousands of vehicles each day. This offering represents a rare opportunity to acquire a stabilized, government-occupied investment featuring a long-term lease, passive management structure, and exceptional positioning within one of California's fastest-growing Central Valley markets.

Location

State CA

County Merced

Area 20408

Direction Right on M street turn left on Olive and a right onto Fairfield Dr.

Location Details Shopping Nearby

Interior

Heating Central

Cooling Central

Flooring Carpet

Exterior

Parking Features Public

Utilities Available Varies by Unit

Water Access Desc Public

Roof Type Flat

Building

Foundation Concrete

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 236-220-016-000

Special Listing Condition None

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Listed by Keller Williams Merced

Nearby School & Business

Homes Availalbe by Area

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Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage | CA DRE#02212763

Real Estate Brokerage CA DRE#02212763

635 Fairfield DR Merced, CA 95348

Realty Point, Inc.

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information