Situated on 55,570sf of land, this single tenant restaurant property is positioned conveniently at both the entrance to and exit from southbound Highway 99 as you enter the City of Merced. The longstanding restaurant tenant is currently on a month-to-month, below-market lease, offering flexibility for an investor to increase the return on investment. The property is also ideal for an owner/user who is aiming to establish their own distinctive restaurant or other concept with its large monument sign that's highly visible from the highway. Alternatively, the parcel has ample space for a developer looking to construct a new quick-serve drive-thru restaurant or a convenience/service/charging station, subject to zoning considerations. This property offers a remarkable opportunity for new owners to envision and implement various business opportunities in the growing city of Merced, CA.