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1891 WARDROBE, MERCED, CA 95341

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$1,250,000

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  • 0 Beds
  • 0.0 Baths
  • 0 Sqft
  • Commercial
  • Active
  • MLS# 16075566

Property Details for 1891 Wardrobe

24,142SF bldg leased to Solar City (a NYSE company) thru 12-2018. NNN Lease averages $77,920 net income/yr over remaining term. Two 3yr renewal options(Cola 4%/yr). Lease covers 2.56 m/l acres of the 5 acre parcel. Remaining 2.44 m/l excess acreage valued at $212,500 ($2/SF). Leaves $1,037,500 allocated to the leased property =7.51% Cap rate. Has 2 recessed truck docks on each side of bldg & 2 grade level doors. Fully insulated & sprinklered w/ 1000 amp 3 phase electrical service.

Listing courtesy of: Stephen Tinetti, Tinetti Realty

INTERESTED IN THIS PROPERTY

PROPERTY DETAILS

  • Property Type: Commercial
  • List Price: $1,250,000
  • Sqft: 
  • Acres: 0
  • Beds: 0
  • Baths: 0.0
  • City: Merced
  • State: CA
  • Zip: 95341
  • Area: : Merced South
  • Air: : Other-Rmks
  • Year Built: : 0
  • Amenities: : Cold Storage,Extra Storage
  • Number of Stories: : 2
  • Association: : Default MLS Association
  • Auction: : No
  • Zoning: : IL
  • Census Tract: : 15.01
  • Construction: : Metal,Steel
  • Directions: : From 99 take V Street Exit. Continue down V Street and turn left on Wardrobe. Property will be location on Right side of street
  • Disclosures Reports: : Other-Rmks
  • Existing Financing: : Treat as Clear
  • Exterior: : Metal
  • Floor: : Concrete Slab
  • Heat: : Other-Rmks
  • Lease Terms: : Copy of Agrmnt Avail,Other-Rmks
  • Total Units: : 1
  • Parking: : Open
  • Possession: : By Agreement,Recording
  • Roof Description: : Metal
  • Stories: : 2 Story

LISTING HISTORY

  • Previous Price: 
  • Price Change: 
  • Price Change Date: 
  • Previous Status: Off Market
  • Status Change Date: 2017-01-02T23:11:20.133

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