635 Fairfield DR, Merced, CA 95348
635 Fairfield DR, Merced, CA 95348
635 Fairfield DR, Merced, CA 95348
635 Fairfield DR, Merced, CA 95348
635 Fairfield DR, Merced, CA 95348
635 Fairfield DR, Merced, CA 95348
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$ 2,800,000
Est. payment | /mo

7,675 Sqft Lot


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$ 2,800,000
Est. payment | /mo
Save

7,675 Sqft Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC26148699

HOA Y/N No

Annual Tax Amount $28,000

Lot Size 7,675 Sqft

Property Sub-Type Office

Property Description

Here is an opportunity to acquire a "LOCAL" Government-Leased Retail Investment with a brand new 15-Year (NNN) lease in-place! This is a fully renovated 7,676-square-foot modern commercial retail condominium strategically located in the heart of Merced's rapidly revitalizing retail corridor. Currently occupied by the Merced County Department of Workforce Investment, providing investors with long-term, predictable cash flow backed by a government agency tenant. The lease structure offers some landlord responsibilities while featuring scheduled rental increases beginning in Year 3, providing steady income growth throughout the lease term.
Positioned within one of Merced's premier regional retail destinations, the property benefits from its location between Marketplace Merced (formerly the Merced Mall) and The Shoppes at Merced. The surrounding 53-acre grocery-anchored regional shopping center is undergoing a significant redevelopment, bringing new retailers, renewed consumer activity, and long-term investment into one of the city's most prominent commercial corridors.
The property is in a highly visible location with multiple points of ingress and egress, abundant parking, and exposure to thousands of vehicles each day. This offering represents a rare opportunity to acquire a stabilized, government-occupied investment featuring a long-term lease, passive management structure, and exceptional positioning within one of California's fastest-growing Central Valley markets.

Location

State CA

County Merced

Zoning P-D

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available See Remarks

Roof Type Membrane

Present Use See Remarks

Building

Lot Description Street Level

Story 1

Water Public, See Remarks

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ernesto Ochoa Keller Williams Property Team 209-704-7653, DRE #01247053

Nearby Locations

Jeffrey Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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635 Fairfield DR

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