2674 Vassar Ave 249,511 SF Industrial Building Merced, CA 95341 $15,800,000 ($63.32/SF)

FOR LEASE FOR $.45/SF/month NNN. 2674 Vassar Avenue is a 249,511 SF vacant fully-sprinklered warehouse-distribution facility situated on 61.76 acres (2 parcels) and zoned M-2 Heavy Manufacturing in Merced County. Sited adjacent to the Highway 99 'Mission Avenue - Campus Parkway Interchange ' and within close proximity to Highways 59 and 140.These major transportation corridors link the Central Valley's agricultural base to the Bay Area and Los Angeles, providing efficient access to production sites, food processing facilities, and key consumer markets across California. Located in the heart of California's 'Great Central Valley', the property offers an opportunity to acquire a large-scale warehouse/distribution center featuriing both dry storage and cold storage capabilities within one of the nation's foremost food production areas. Of the 249,511 SF building area, 117,057 SF is refrigerated (includiing 23,049 SF of freezer space with heated floor) and termperature ranges from -10 to 45 degrees. Originally built in 1970 with multiple subsequent expansions (most recently in 2010), the facility features variable clear heights ranging from 15' to 35' and has 37 dock high doors and 8 grade-level doors.Currently vacant with a substantial amount of excess acreage presenting users the opportunity to acquire an assest at well below market rents, with room to provide industrial ourdoor storage. The primary electrical service is from a 2 Mega-Watt transformer provided by the Merced Irrigation Districts' Electric Utiliity Company (MID) and rated at 8,000 AMP 480/ 277-Volt 3-Phase 4 Wire. MIDs' rates are reputeldy less than 50% of PG & E's and purportedly more relaible (i.e., not subject to forest fire blackouts). Property is also FOR SALE for $15,800,000