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659-665 Fairfield Dr
Merced, CA 95348
Big Lots & Shops Space · Retail Property For Sale
Investment Highlights
- Corporate Net Lease to Big Lots with Significant Upside Potential
- Tenant has Occupied Site for 20+ Years with High Likelihood to Exercise Final Option
- Merced Mall Undergoing Massive Redevelopment in Near Term
- Value-Add Opportunity in Core Central Valley Location with Below Market Rent
- Minimal Landlord Obligations and Priced Below Replacement Cost
- Buyers to Underwrite Costs Associated with Redevelopment
Property Facts
Property Type
Retail
Building Size
46,548 SF
Building Class
B
Year Built
1975
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.30
Lot Size
3.56 AC
Zoning
P-D
Parking
124 Spaces (2.51 Spaces per 1,000 SF Leased)
Frontage
272’ on Fairfield Dr
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,914,872 | |
| Land Assessment | $2,309,688 | Total Assessment | $4,224,560 |
Property Taxes
Parcel Numbers
Land Assessment
$2,309,688
Improvements Assessment
$1,914,872
Total Assessment
$4,224,560
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