1435 V St
Merced, CA 95340
Downtown Merced
HIGHLIGHTS
- Absolute NNN lease with Black Bear Diner, a growing regional brand with 160+ locations.
- Prime location near CA-99 and V Street with 56,000 and 23,000 VPD, serving 117,000 residents within 5 miles.
- Surrounded by national retailers including Costco, Home Depot, Target, Lowe’s, and PetSmart.
- Located in Merced, one of California’s fastest-growing cities with strong economic drivers.
- Fully passive ownership with tenant responsible for all expenses including taxes, insurance, CAM, roof, and structure.
- 5.3% cap rate on a $2,752,000 price with annual NOI of $145,860 and 4,751 SF building.
FOR SALE DETAILS
PRICE
$2,752,000 USD
PRICE/SF
$579 USD /SF
CAP RATE
5.3%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.2 AC
LAND SF
52,272 SF
ZONING
CG
APN/PARCEL ID
031-370-008
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-617-2151
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
949-617-2151
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
