145 Hawk Dr, Merced, CA 95340

Property Description

LIGHT INDUSTRIAL SHOP /WAREHOUSE CONDOS FOR SALE OR LEASE. 15,000 SF fully sprinklered building can be approved for condominium project. Buy entire building for $1,395,000 or buy or lease in increments of 1,250 SF for $90.00/SF (i.e. 1,250 x $90 = $112,500). 10,000 SF leased to national tenant on long term lease with average rent of $7,400 / month over 5 years. 5,000 SF of contiguous space available for lease or sale in shell condition. Divisible to 1,250 SF. Lease rate $.40/SF NNN ($2,000) /month) in shell condition or in increments of 1,250 SF for $.55/sf (i.e. 1,250 x $.55 = $687.50)/month with one ADA restroom and one 8' x 10' office included. Landlord will consider additional TI's and amortize their cost through the lease term including interest at 7%. Very attractive building with commercial 'store front' tinted glass windows and 12 (10' x 12') roll-up doors (i.e. 1 for each 1,250 SF of space). All paving is concrete versus asphalt and building has minimum 22` eaves height (north side) and goes to 24`(south side). Has MID electrical power. Located in West Airport Industrial Park and is within close proximity to Highways 59, 99 and 140. Seller / Landlord also owns adjacent 1.77 acre parcel and has plans for another 22,500 SF Bldg. can do BTS