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3185 M St
Merced, CA 95348

$10,028,000 USD

Medical For Sale  •  20,699 SF

Property Details

• Property Type Medical
• Total Building Size 20,699 SF
• Lot Size 2 AC
• Building Class B
• Year Built 1950
• Tenancy Multiple
• Zoning P-D

0 Transit Score

68 Walk Score

Highlights

U.S. FEDERAL GOVERNMENT CREDIT- Anchored by the U.S. Federal Government, featuring an Aaa credit rating and unrivaled income security

15-YEAR LEASE TERM- First-generation lease for occupancy by U.S. Social Security Administration commenced in October 2021 for a new 15-year term

NEW CONSTRUCTION - 2021 REDEVELOPMENT- Comprehensive redevelopment-to-suit for SSA in 2021, designed and constructed to meet the specific needs of SSA

RELOCATION of SSA SERVICES- The new SSA Branch Office provides a long-term base of operations meeting all modern security & space requirements

EXCEPTIONAL MARKET FUNDAMENTALS – 1.2% VACANCY RATE- Located in downtown Merced, featuring strong demographics &exceptional tenant and occupier demand

ADJACENT TO MERCED MALL-Situated adjacent to Merced Mall, with a tenant roster of Kohl’s, Starbucks, Chipotle, CVS, Target, JC Penney, dd’s Discounts

Amenities

• Signage
• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Merced (San Joaquins - Amtrak)	4 min	-	1.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	148
Type:	Surface
Included in Rent:	Yes