Retail For Sale in 95348
California
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Merced
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95348
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95340 95341
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Address
Asking Price
CVS Pharmacy
West Olive Avenue
Merced, CA
Building Size:12,900SF
Strong Visibility and Access in Front of Merced Mall
$5,789,000
689 West Olive Avenue
689 W Olive Ave
Merced, CA
Lot Size:0.05Acres
Brand New Construction - Opens March 2018
Relocation of a Successful Store with Established Sales
10 Year Net Leased Investment
10% Rent Increases Every 5 Years
Three - 5 Year Options
Metro Corridor - 66,000 Avg. Vehicles/Day
This brand new Starbucks has a 10-year Net lease, with 3-five year extensions. There are 10% rent increases in year 6 of the primary lease term and in each of the three extension periods.
$2,800,000
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Market Stats
95348 has 31 commercial real estate spaces for lease, representing 308,479 sqft space. 21 buildings are available for sale.
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