1665 R St | Merced, CA 95340
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- LoopNet Team
1665 R St
Merced, CA 95340
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare triple net corporate lease (tenant is responsible for the cost of roof replacement) with an investment grade tenant, with a S&P rating of BBB.
- Eleven car stacking in drive through designed for high volume drive through traffic (post pandemic).
- Scheduled 10% rent increases in base term and options
- Strategic downtown grocery anchored location on R Street which is a major arterial in Merced.
- Brand new construction building
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,900 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.26 AC
Zoning
C-C - Major Commercial
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 031-112-017 | Improvements Assessment | $2,015,000 |
| Land Assessment | $285,000 | Total Assessment | $2,300,000 |
PROPERTY TAXES
Parcel Number
031-112-017
Land Assessment
$285,000
Improvements Assessment
$2,015,000
Total Assessment
$2,300,000
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