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- LoopNet Team
1105-1125 W Main St
Merced, CA 95340
Main Street Center · Retail Property For Sale
PROPERTY FACTS
ABOUT 1105-1125 W MAIN ST , MERCED, CA 95340
The offering provides an opportunity to acquire a stabilized shopping center anchored by Grocery Outlet and Dollar Tree on a growing retail corridor of Merced, CA. Grocery Outlet has five years remaining on an original fifteen-year term and Dollar Tree has over ten years remaining on a recently extended lease. Grocery Outlet and Dollar Tree are both on corporate leases and account for 91% of the current total income in the shopping center. Merced is a college town and its demographic makeup is well suited for discount retailers such as Grocery Outlet and Dollar Tree. Merced is home to the University of California, Merced, the first research university built in the U.S. in the 21st century. The property is located at the intersection of Main Street and R Street.
PROPERTY TAXES
| Parcel Number | 031-111-005 | Improvements Assessment | $1,733,543 |
| Land Assessment | $1,114,040 | Total Assessment | $2,847,583 |
PROPERTY TAXES
