659 Fairfield | Merced, CA 95348
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- LoopNet Team
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
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
| Parcel Number | 236-220-014 | Improvements Assessment | $1,346,814 |
| Land Assessment | $1,560,600 | Total Assessment | $2,907,414 |
PROPERTY TAXES
Parcel Number
236-220-014
Land Assessment
$1,560,600
Improvements Assessment
$1,346,814
Total Assessment
$2,907,414
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