currently designated pd 12 in the city of merced 1975 1985...
TRANSCRIPT
26.5 Acres Located on High Visibility Intersection
Currently Designated PD-12 in the City of Merced
1975-1985 W. Olive Avenue, Merced (NEC W. Olive Avenue & Hwy 59)
Asking $3,750,000
Western
Industrial
Park
W. Olive Avenue Merced Mall
59
Subject Property
99
Tinetti Realty Group
2930 G Street, Merced, CA 95340
STEVE TINETTI
(209) 354-3838 [email protected]
UC Merced
Campus 7 Mi.
2 (CTU) warehouse buildings on 058-030-036 (4.1 acres). The South Whse. is 35,860SF
(sprinklered) & has been leased by current tenant since 2008. Lease expires December of
2017. Tenant has indicated interest in renewing but Landlord won’t negotiate until a buyer
is secured that will approve the new lease. Currently tenant pays $12,757.23 ($.3556 / SF).
North 48,400 SF whse. (Not sprinklered) just became vacant as of 4-1-17 and asking $.35/
SF NNN / month subject to a Buyer’s approval of lease. There is a 5,784 SF office Bldg.
on ; 058-030-004 (2 acres) that is vacant and needs some TLC (currently asking $.65/Sf /
month ‘AS-IS’ (i.e. the tenant to be responsible for all improvements). 058-030-005 is 6
acres of unimproved property and 058-030-037 is 14.4 Acres with no buildings but has
some paving and an old abandoned truck scale.
N.
Wh
se
S.
Wh
se