Government-Leased Retail
635 Fairfield Drive Merced, CA 95348
New
635 Fairfield Drive, Merced, CA, 95348
$2,800,000
For Sale
$2,800,000
Fully renovated retail condominium is leased to a county workforce department under a new 15-year NNN structure.
Property Size7,676 SF
Price / SF$364.77
Days on Market5
Property Features for 635 Fairfield Drive
General Information
- Standard status
- Active
- Size
- 7,676 SF
- Property subtype
- Commercial/Industrial
Listing Agency
Keller Williams Merced
(209) 704-7653
Listed by
Ernesto Ochoa · License #01247053
(209) 704-7653
Source
Exitrealty
Added: Jul 15 Checked: Jul 19 at 4:16 am
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 Merced
Investment Insights
Based on property information with market context.
This fully renovated retail condominium offers a modern retail space leased to the Merced County Department of Workforce Investment. The transaction is structured as a government-leased, 15-year NNN lease in place, with scheduled rental increases beginning in Year 3. The lease design includes some landlord responsibilities, supporting long-term income under an institutional tenant profile.
The property is positioned within a highly visible retail corridor, located between Marketplace Merced and The Shoppes at Merced, within a broader 53-acre grocery-anchored regional shopping center. Public remarks indicate multiple points of ingress and egress and abundant parking, along with exposure to substantial daily vehicle traffic.
The asset is presented as a stabilized, government-occupied investment within a redeveloping regional retail environment, offering a passive management structure described in the offering materials.
The property is positioned within a highly visible retail corridor, located between Marketplace Merced and The Shoppes at Merced, within a broader 53-acre grocery-anchored regional shopping center. Public remarks indicate multiple points of ingress and egress and abundant parking, along with exposure to substantial daily vehicle traffic.
The asset is presented as a stabilized, government-occupied investment within a redeveloping regional retail environment, offering a passive management structure described in the offering materials.
Key Highlights
- Fully renovated 7,676‑SF modern retail condominium
- New 15‑year NNN lease in place with a Merced County Department of Workforce Investment tenant
- Tenant‑occupied by Merced County Department of Workforce Investment
Property Analytics
Location Intelligence
Current Use by Public Records
Walker Creek Wellness
Gym & Fitness Center
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Fully renovated retail condominium is leased to a county workforce department under a new 15-year NNN structure.
Where is this nnn property located?
The property is located at 635 Fairfield Drive Merced, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Fully renovated 7,676‑SF modern retail condominium; New 15‑year NNN lease in place with a Merced County Department of Workforce Investment tenant; Tenant‑occupied by Merced County Department of Workforce Investment
