2777 State Hwy 59 Street, Merced, CA 95348

Property Description

Total of 98,239+ SF FOR LEASE. The Main Building. is a concrete tilt-up with 96,640+ SF (201.33' x 480') that is sprinklered & rated for 'high pile' storage, has a minimum 24' clear height and 48' x 101.66' column spacing. Inside building there are 2 x 12,544+ SF refrigerated walk-in boxes which can hold 40 temperature and a 2 story office (1,200+SF). There is a double recessed exterior truck dock at the northeast end of the building with a sprinklered 1,113+ SF canopy over the dock. Appended to the main building are sprinklered Men's and Women's restrooms, (486+ SF). Lease rate for walk-in boxes (If leased separately) 25,088+ SF x $1.25 / SF = $ 31,360 Gross (including electricity). Asking rent for entire warehouse (i.e., including the walk-in boxes) is $.55 / SF NNN ( + $ .10+ / SF / month NNNs = $ .65 / SF Total) There is a 2,000 AMP electrical panel with service provided by M.I.D. which is substantially less than PG & E rates (up to 50% cost savings - see attached rate sheet comparison). Building is supplemented by a 750 KW solar system. Landlord will charge Tenant for solar provided power at 90% of MID's stated rate. Approximately 8.27+ acres of additional unimproved acreage' available on which Landlord can do a build-to-suit. Parcel is 22.3 acres and has full perimeter 6' high chain link fence and 2 electronic gates for access to Hwy. 59 as well as Cooper Avenue. Property is zoned I-H (Heavy Industrial) LANDLORD CAN SUPPLY FREE HIGH SPEED INTERNET. Note: Building C' which is adjacent to D' and shares a common wall is also available for lease. It has 3,000 AMP electrical provided by MID, 8 truck docks, and 3,400+ SF of office/restroom/breakroom space. This building is also fully sprinklered. Both buildings combined are 169,141 SF. Entire Property 200,00+/- SF of bldgs. on 22.3 acres (of which 8.27 acres are surplus on which additional bldgs. can be built) can be purchased for $15.997,500. Owner will consider carrying at 6.5% interest only monthly payemnts for 10 years with 30% down.