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1891 Wardrobe

Merced, CA 95341
  • $1,250,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 01TINE - MTINETST

24, 142SF bldg leased to Solar City (a NYSE company) thru 12-2018. NNN Lease averages $77, 920 net income/yr over remaining term. Two 3yr renewal options(Cola 4%/yr). Lease covers 2.56 m/l acres of the 5 acre parcel. Remaining 2.44 m/l excess acreage valued at $212, 500 ($2/SF). Leaves $1, 037, 500 allocated to the leased property =7.51% Cap rate. Has 2 recessed truck docks on each side of bldg & 2 grade level doors. Fully insulated & sprinklered w/ 1000 amp 3 phase electrical service.

Listing Highlights for 1891 Wardrobe

Property Type Commercial
Listing Type Commercial
MLS # 16075566
Year Built
Days on Market 40
Status Sold
Square Footage 0
Lot/Acreage 0
County Merced

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Other-Rmks
  • Heating: Other-Rmks
  • Fireplaces:
  • Floor: Concrete Slab
  • Basement:
  • Other: Ceiling Height 12Ft+
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Metal
  • Others: Metal
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
  • $0 in Homeowners' Insurance
  • $0.00 in Mortgage Insurance
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Listing Location

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1891 Wardrobe, Merced, CA 95341

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Listing Courtesy of Stephen Tinetti, Tinetti Realty