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1840 M Street, Merced, CA
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1840 M Street
Merced, CA 95340-4714 - Downtown Merced Ret Submarket
.86 AC (37,453 SF)
For Sale Price:
Free Surface spaces are available; Ratio of 3.25/1,000 SF
Pylon Sign, Signalized Intersection
Equity Investment Advisors is pleased to offer for sale a 10-year absolute NNN leased investment with 1.5% annual rental increases. The property is leased to Citibank N.A., a wholly owned subsidiary of Citigroup (NYSE: C), the fourth largest bank holding company in the United States.
The property is situated on a hard corner at the signalized intersection of M Street and West Nineteenth Street, an intersection trafficked by 26,000 vehicles per day.
The asset is well-located within Merced's primary business district amid a healthy mix of retail, office, and residential properties. Merced's population and average household income within a 3-mile radius exceeds 84,000 and $55,000, respectively.
Download attached offering memorandum for addition information.
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FOR SALE CONTACTS
Equity Investment Advisors
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