2773 N State Highway 59, Merced, CA 95348
2773 N State Highway 59, Merced, CA 95348
2773 N State Highway 59, Merced, CA 95348
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$15,997,500
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22.3 Acres Lot
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2773 N State Highway 59 Merced, CA 95348

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC26006786

HOA Y/N No

Annual Tax Amount $43,679

Tax Year 2026

Lot Size 22.300 Acres

Lot Dimensions Assessor

Property Sub-Type Warehouse

Property Description

Just under 200,000 SF of buildings on 22.3 acres of which 8.27+/- acres are excess buildable land on which to build additional buildings. Gross Scheduled rent as of 1-1-26 was $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 thru 2028 with multiple 5-year renewals. Tenant currently pays $10,244.30/ month ($9,204.83 Base Rent +$ 1,039.50 CAMs). COLAs @ January based on CPI but never less than 3% or greater than 8%. Bldg. B is a 15,540 SF standalone fully sprinklered bldg. with a 240 SF office and has 22' clear height and 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 3,400+/- SF of offices,restrooms and breakroom, 8 recessed truck docks, 3,000 AMP electrical service provided by MID (Merced Irrigation District) which is reputedly 50% less than PG & E . Tenant currently pays $43,711.99 / month ($ 38,537.58 Base Rent + $7,174.41 NNNs) and lease expires 6-30-29 but Tenant would like to get out of the lease either via a sub-lease or a full assignment / assumption of lease. Bldg. D is a fully spinklered, concrete tilt-up with 24' clear height under roof trusses and 2,000 AMP electrical service provided by MID. Has 2 x 12,544+/- SF refrigerated walk-in boxes that can maintain a 40 degree temperature. Bldg. D, 98,239+/-, became vacant on 3-1-26 and is available for lease along with Bldg. C, 70,902 SF (Both combined are 169,141 SF). Prior Tenant was paying $63,855 gross / month ($.65/SF) . Owner occupies 5,240 SF sprinklered metal shop attached to west end of Bldg D and is willing to either vacate at close of escrow or lease back at $3,406 / month ($.65/SF). Owner has just spent $1M+/- to flood proof buildings C and D and spent another $1M+/- to install solar panels on the south facing roofs of Bldgs. C & D (generates average of 750+/- KW /month and is tied to meter in Bldg. D). Solar panels included in the sale at no additonal charge. The property is fully fenced and can be accessed via electronic gates from both Highway 59 and Cooper Avenue. OWNER WILL CONSIDER CARRYING WITH 30% DOWN AT 6.5% INTEREST ONLY FOR 10 YEARS!

Location

State CA

County Merced

Zoning I-L light industrial

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Lot Description Lot Over 40000 Sqft, Level

Story 1

Water Public

Others

Tax ID 059450069000

Acceptable Financing Cash, Owner Will Carry, Submit

Listing Terms Cash, Owner Will Carry, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Steve Tinetti Tinetti Realty Group 209-769-4898, DRE #00475070

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2773 N State Highway 59

NEARBY SCHOOL & BUSINESS

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Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

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