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659 Fairfield
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
Property Subtype
Department Store
Building Size
34,029 SF
Building Class
C
Year Built
1975
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
3.11 AC
Zoning
C

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
236-220-014
Land Assessment
$1,560,600
Improvements Assessment
$1,346,814
Total Assessment
$2,907,414
  • Listing ID: 26322429

  • Date on Market: 8/3/2022

  • Last Updated:

  • Address: 659 Fairfield, Merced, CA 95348

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