Prime Downtown Merced Retail
For Lease
Contact for pricing
1616 Martin Luther King Jr Way, Merced, CA 95340
Build-to-suit opportunity in Downtown Merced near future developments.
Space Size1,500 SF
Property Size15,000 SF
Lot Size1.03 Acres
Days on Market886
Property Features for 1616 Martin Luther King Jr Way
General Information
Standard status
Active
Size
1,500 SF
Class
A
Lot size
1.03 Acres
Property subtype
Retail, Restaurant, Special Purpose
Lease Type
Modified Gross
Building Details
Building Size
15,000 SF
Tenancy
Multiple
Spaces For Lease
at 1616 Martin Luther King Jr Way Contact us- Size
- 1,500 SF
- Type
- Restaurant, Retail
- Lease Type
- Modified Gross
- Availability
- Active
Available Space 1 - 231 W 16th St
Listing Agency:
Keller Williams Property Team
(209) 704-7653
Listed By:
Ernie Ochoa - CCIM · License #01247053
Source:
Crexi
Added: Mar 7, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Property Team
Investment Insights
Based on property information with market context.
This is a build-to-suit opportunity for commercial or retail space on a combined 45,000-square-foot lot in the heart of Downtown Merced. The site, previously occupied by Kentucky Fried Chicken, is located on the signalized corner of Martin Luther King Jr. Way and 16th Street. The current ownership offers to build to suit with a long-term lease commitment. The location is situated three blocks from the Highway 99 on/off ramp and two blocks from the existing In-N-Out Burger and the site of the newly proposed Chick-fil-A. Additionally, the site is down the street from the proposed Merced High-Speed Rail Station. The Merced Downtown District is the seat of local government and a hub for cultural and performing arts, art galleries, live performing arts theaters, fine restaurants, and professional offices.
Key Highlights
- Prime commercial/retail space on a hard signalized corner.
- "Build To Suit" opportunity on a 45,000 square foot lot.
- Located in the heart of Downtown Merced.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 95340, CA
38,606
Population
13,553
Households
2.8
Avg Household Size
33
Median Age
26%
College-Educated
86%
High-School Grad
52.0 sq mi
ZIP Area
742
Density / Sq Mi
$65,141
Median Household Income
$35,165
Median Earnings
$1,204
Median Rent
$383,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Build-to-suit opportunity in Downtown Merced near future developments.
Where is this commercial land located?
The property is located at 1616 Martin Luther King Jr Way Merced, CA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Prime commercial/retail space on a hard signalized corner.; "Build To Suit" opportunity on a 45,000 square foot lot.; Located in the heart of Downtown Merced.
