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1435 V St
Merced, CA 95340 Downtown Merced

$2,752,000 USD

Restaurant For Sale  •  4,751 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,751 SF
  • Lot Size 1.2 AC
  • Building Class C
  • Year Built 1998
  • Cap Rate 5.30 %
  • Tenancy Single
  • Zoning CG
0 Transit Score
80 Walk Score

Highlights

Absolute NNN lease with Black Bear Diner, a growing regional brand with 160+ locations.
Prime location near CA-99 and V Street with 56,000 and 23,000 VPD, serving 117,000 residents within 5 miles.
Surrounded by national retailers including Costco, Home Depot, Target, Lowe’s, and PetSmart.
Located in Merced, one of California’s fastest-growing cities with strong economic drivers.
Fully passive ownership with tenant responsible for all expenses including taxes, insurance, CAM, roof, and structure.
5.3% cap rate on a $2,752,000 price with annual NOI of $145,860 and 4,751 SF building.
Cap Rate: 5.30 %

Major Tenants

Tenant SF Occupied Lease End Date
Black Bear Diner

Amenities

  • Freeway Visibility
  • Pylon Sign

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Sanil Doshi 866-889-0550 Matthews Real Estate Investment Services
Sanil Doshi 866-889-0550 Matthews Real Estate Investment Services