New

$15,997,500

For Sale

7 hours ago

2777 N State Highway 59, Merced, CA

Name: 2777 N State Highway 59, For Sale in Merced - eXp Realty
Brand: Tinetti Realty Group
SKU: 648185
Price: 15997500 USD

House

MLS® 648185

0 Bed

0 Bath

199667 sqft

Key Facts
Description
Map

Key Facts

Type Commercial Land

Levels Commercial Sale

Size 199667 sqft

Garage

Taxes

Days Active 0

Lot Size

Approx. Age 1970

Avg. Price Per Sqft $80

MLS® Number 648185

Property Address: 2777 N State Highway 59, Merced, CA, 95348-4346

Average square foot calculated using Size range provided by listing agent.

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 or provide Industrial Outdoor Storage . Gross Scheduled rent as of 1-1-26 was $133, 606.68 /month = $ 1, 603, 280.00 / year. Bldg. A consists of a free standing 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(purportedly costs less than 50% of PG & E). Tenant currently pays $43, 711.99 / month ($ 38, 537.58 Base Rent + $7, 174.41 NNNs). Tenant wants to sub-let the building. Bldg. D is a fully sprinklered, concrete tilt-up with 24' clear height under roof trusses and 2, 000 AMP electrical service provided by MID. Solar panels on south facing roofs of both Bldgs. C & D provide an additional 750KW on average / month into Bldg. D's meter. Inside of D are 2 x 12, 544+/- SF refrigerated walk-in boxes that can be maintained at 40 degrees temperature. Bldg. D just became available for lease in March and the asking rent is $.55/SF NNN (the NNNs are $.10 / SF). 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. The property is fully fenced and can be accessed via electronic gates from both Highway 59 and Cooper Avenue. Bldgs. C & D combined represent roughly 170, 000 SF of competetively priced continuous space with 5, 000 AMPs of inexpensive electricty.

MLS® Number648185

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1970

Basement

DrivewayOver 21 Spaces

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 3, 2026List Date

$15,997,500List Price

Commute

Commute

Starting Address

Destination Address

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