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398 W 16th St
Merced, CA 95340

$3,045,000 USD

Freestanding For Sale  •  9,180 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,180 SF
  • Lot Size 0.93 AC
  • Building Class B
  • Year Built 2013
  • Tenancy Single
  • Zoning C-2
0 Transit Score
91 Walk Score

Highlights

National, investment grade tenant – Family Dollar/Dollar Tree | (DLTR: NASDAQ) with over $28B in annual sales (2023)
Ease of management investment | NNN lease structure
Long term historical occupancy and recently exercised option to extend
Growing income stream with 10% rental increase
Family Dollar is located adjacent to In-N-Out Burger, Starbucks, and Chick-fil-A
Intrinsic retail location with excellent street frontage in a centrally located property | approx. 60,000 VPD

Public Transportation

Commuter RailDriveWalkDistance
Merced (San Joaquins - Amtrak) 1 min 13 min 0.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Scott DeYoung 949-221-1835 Faris Lee Investments
Scott DeYoung 949-221-1835 Faris Lee Investments