Bldg D 2777 N Highway 59 98,239 SF of Industrial Space Available in Merced, CA 95348

Building D just became available for lease in March. The main structure in Bldg. D is a concrete tilt-up with 96,640 Sf (201.33 x 480') and has a minimum 24' clear height and 48' x 101.66' column spacing. Inside the CTU building there are 2 x 12,544+ SF refrigerated walk-in boxes which can hold 40º temperature and a 2 story office (1,200+SF). There is a double recessed exterior truck dock at the northeast end of the building with a sprinklered 1,113+ SF canopy over the dock. Appended to the CTU building are sprinklered Men's and Women's restrooms, (486+ SF). The owner occupies a 5,240 SF metal shop building that is attached to the west end of Bldg D. Owner is willing to either vacate that space at the close of escrow or lease it back upon the sale of the property at $3,406 / month ($.65/SF). Lease rate for walk-in boxes, if leased separately, 25,088+ SF x $1.25 / SF = $ 31,360 Gross (including electricity). Asking rent for entire warehouse (i.e., including the walk-in boxes) is $.55 / SF NNN ( + $ .10+ / SF / month NNNs = $ .65 / SF Total) There is a 2,000 AMP electrical panel with service provided by M.I.D. Additionally, the owner spent $1M+/- to install solar panels on the south facing roofs of Bldgs. C & D which generate an average of 750+/- KW /month. The solar panels feed into the meter in Bldg. D. If Bldg. D is rented owner will charge the tenant 90% of MID's stated rate for the solar generated electricity. The solar panels are paid for and will be included in the sale at no additional charge if property is purchased. Buildings C and D are attached to one another hence there is roughly 170,000+/- SF of continuous space that can be occupied at a very completive rate with 5,000 AMPs of inexpensive electrical service.