Leased Office
439 W 15th Street, Merced, CA 95340
For Sale
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A fully occupied, single-tenant property has a long-term lease with the California Department of Corrections & Rehabilitation.
Property Size10,377 SF
Lot Size1.30 Acres
Price / SF$452.44
Days on Market35
Property Features for 439 W 15th Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Additional Details
Highway Access
Tenant in Place
Property Use
Building Details
Year Built
Year Renovated
Buildings
Building Size
Construction
Tenancy
Parking Ratio
Owner Occupied
Listing Agency:
DeBoer Commercial Real Estate
Listed By:
Dale DeBoer · License CA #00645830, CA AZBR693101000
Source:
Crexi
Added: Oct 7
Changed: Nov 9
Last Checked: Nov 10 at 8:33AM
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 DeBoer Commercial Real Estate
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Investment Insights
Based on property information with market context.
This freestanding office property contains 10,377 square feet on a 1.30-acre corner-adjacent parcel measuring 56,628 square feet. Built in 2009 with reinforced concrete construction and a stucco-and-brick façade, the building was remodeled in 2022. It offers 50 surface parking spaces, or 4.8 spaces per 1,000 square feet.
The sole tenant is the California Department of Corrections & Rehabilitation, with the lease running through June 30, 2032. Highways 99 and 59 are within 1,000 feet, and Highway 140 is one mile away. Nearby national retailers include In-N-Out, Costco, Walgreens and Denny's.
The sole tenant is the California Department of Corrections & Rehabilitation, with the lease running through June 30, 2032. Highways 99 and 59 are within 1,000 feet, and Highway 140 is one mile away. Nearby national retailers include In-N-Out, Costco, Walgreens and Denny's.
Key Highlights
- 10,377 SF freestanding office building, fully leased to the California Department of Corrections & Rehabilitation
- Lease term extends through June 30, 2032
- Remodeled in 2022; originally built in 2009
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,031
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Office building - A fully occupied, single-tenant property has a long-term lease with the California Department of Corrections & Rehabilitation.
Where is this office building located?
The property is located at 439 W 15th Street Merced, CA.
What is the asking price?
The asking price for this property is $4,695,000.
What are key features of this property?
This property features: 10,377 SF freestanding office building, fully leased to the California Department of Corrections & Rehabilitation; Lease term extends through June 30, 2032; Remodeled in 2022; originally built in 2009
