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2773 State Highway 59, Merced, CA 95348
Priced at Only: $15,997,500
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Address: 2773 State Highway 59, Merced, CA 95348
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  • MLS#: MC26006786 ( Warehouse )
  • Street Address: 2773 State Highway 59
  • Viewed: 2
  • Price: $15,997,500
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: MERCED
  • City: Merced
  • Zipcode: 95348
  • Provided by: Tinetti Realty Group
  • Contact: Steve Steve
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Just under 200,000 SF of buildings on 22.3 acres. Has 8.27+/ acres of excess buildable land on which to build additional buildings. Gross Scheudle rent as of 1 1 26 $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. Landlord pays Base Yr. Operating Expenses and Tenant pays its prorata share of increase over the Base Yr. with exception that Tenant pays all of taxes for new shop Bldg. COLAs in January based on increase in CPI but never less than 3% or greater than 8% / year. Tenant currently pays $10,244.30/ month ($9,204.83 Base Rent +$1,039.50 CAMs. Bldg. B is a 15,300 SF standalone fully sprinklered metal bldg. with an attached 240 SF office. Bldg.has minimum 22' clear height and has 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 8 recessed truck docks and 3,000 AMP electrical service provided by MID. Tenant currently pays $43,711.99 / month ($ 38,537.58 Base Rent + $7,174.41 NNNs). 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. Tenant has occupied on a MTM basis since February 2025 and pays $63,855 gross / month. Owner occupies 5,240 SF 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.
Features
Accountingtype
  1. Actual
Assetclass
  1. Industrial
Building Area Total
  1. 199667.00
Commoninterest
  1. None
Country
  1. US
Current Financing
  1. None
Electric
  1. Heavy
Industrialtype
  1. Manufacturing
  2. Warehouse/Distribution
  3. Warehouse/Office
Land Use
  1. Industrial
Laundry Features
  1. None
Parcel Number
  1. 059450069000
Property Type
  1. Warehouse
Topography
  1. Level
Totalmonthlyrent
  1. 133610
Utilities
  1. Electricity Connected
  2. Sewer Connected
  3. Water Connected
Water Source
  1. Public
Zoning
  1. I-L light industrial
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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