Ground Lease or Build to Suit Opportunity - Downtown
Spaces
Retail | 1 space available | 1,500 SqFt - 15,000 SqFt
Building description
Here is a “Ground Lease” or "Build To Suit" opportunity on a combined 45,000 square foot lot in the heart of Downtown Merced. Previously the site of Kentucky Fried Chicken. This is a prime commercial/retail space located on the hard signalized corner of MLK Jr. Way and 16th St. The current ownership will build it for you with a long-term lease commitment! Located just three blocks from Highway 99 on/off ramp and just two blocks from the existing In-N-Out Burger and the site of the newly proposed Chick-fil-A. As an added bonus, this site is down the street from proposed Merced High-Speed Rail Station. The Merced Downtown District is the seat of Local Government, the hub for cultural and performing arts, art galleries, live performing arts theaters, fine restaurants and professional offices. The Downtown is only getting better and better!
Building highlights
Build to Suit or Ground Lease on 5 contiguous lots under the same ownership
Combined square footage of all 5 commercial lots is 45,000 square feet
Existing building at 229 W 16th St currently leased on a short-term basis
One space (1,000+/-sf) of 2,500sf building at 231 W 16th St available For Lease on a short-term basis
Existing and Active 10 space Food Truck Plaza on the corner of MLK Jr. Way & 16th St generating revenue
All Food Truck on vendors on a month-to-month tenancy, rent per space is $1,500/month.
Ownership would demo existing buildings for a strong “Build-to-Suit” or Long Term Ground Lease Tenant
Listing Contacts
Map
Property History
Similar Properties
Additional Information
Is there information that looks off?
