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3113 Beachwood Drive

Merced, CA 95348
  • $1,750,000
  • STATUS: Pending
  • ON SITE: 22 Days
  • MLS #: 222056384
Pending
UPDATED: 32 min ago
$1,750,000
  • 0
    BEDS
  • 1.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $219
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2007
County:

School Ratings & Info

Description

Single tenant net leased investment occupied by PetVet care Centers a strong national veterinary network of over 425 hospitals. Eight years left on the current ten years lease with two five-year options. Current net income is $110,000 per year with current cap rate 6.28%. Rent is increased 3% every year. Strong location with visibility from busy Santa Fe Drive.

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Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-27T23:40:33.55. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.themacdonaldgroup.com/homes/128398647
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3113 Beachwood Drive Merced, CA 95348

  • Price: $1,750,000
  • Status: Pending
  • On Site: 22 Days
  • Updated: 32 min ago
  • MLS #: 222056384
0
Beds
0
Baths
0
½ Baths
1.6
Acres
8,000
SQFT
$219
$/SQFT
2007
Built
Neighborhood:
Merced Franklin Fox
County:
Merced
Area:
Merced Franklin Fox
Property Description
Single tenant net leased investment occupied by PetVet care Centers a strong national veterinary network of over 425 hospitals. Eight years left on the current ten years lease with two five-year options. Current net income is $110,000 per year with current cap rate 6.28%. Rent is increased 3% every year. Strong location with visibility from busy Santa Fe Drive.
Exterior Features

Construction Materials StuccoWood Dock Doors 0 Loading None Num Of Floors 0 Parking Features PrivateFencedLighted Roof CompositionTile Total Parking Spaces 0.00

Interior Features

Cooling Central Flooring TileCarpet Heating Central Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Building Features Major TenantConference RoomRestroom(S)-PrivateRestroom(S)-PublicKitchen Facilities Business Type MedicalPet Shop Electric Separate Electric Meter Income Includes Rent Lease Deposit 0 Location Industrial Area Num Of Offices 0 Num Of Tenants 0 Property Subtype Retail Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Tenant Pays Common Area MaintenanceSewerElectricityTaxesGasTrash CollectionWaterInsuranceMaintenance Utilities TelephoneCable Connected Water Source Public Year Renovated 0 Zoning Commercial

Metrolist MLS logo Listing provided courtesy of Great West Property Group: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-27T23:40:33.55. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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The MacDonald Group at PMZ Real Estate
1200 E. Orangeburg Ave Suite #202
Modesto CA, 95350