635 Fairfield Drive Merced, CA 95348

Listing Agency Keller Williams Merced e***@gmail.com Show Phone

Listed by Ernesto Ochoa · License #01247053 Show Phone

Source Exitrealty

Added: Jul 15 Checked: Jul 18 at 2:16 am

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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.

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

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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