- For Sale $5,887,370
- Property Type Restaurant
- Property Size 7,000 SF
- Lot Size 0.58 Acre
- Year Built 1969
- Year Renovated 2013
- Date Updated Dec 6, 2023
HARD SIGNALIZED CORNER LOCATION – The property sits on a hard signalized corner at the center point of Merced
STRONG POPULATION GROWTH – The annual population growth is projected at approximately 1.5% annually
DENSELY POPULATED – Over 100,000 residents in a 5-mile radius
HEAVY TRAFFIC COUNTS – Over 40,000 VPD pass the intersection of Olive Ave and R St
TARGET AND MALL OUTPARCEL – Property benefits from being out-parceled to an active shopping area
STRONG TENANT LINEUP – Over 91% of the income is guaranteed by corporate Chipotle or Panera
NNN – Leases property benefits from attractive NNN leases from all tenants
STRONG HISTORICAL PERFORMANCE – Tenants have excelled and have a history of exercising options and above-average reported sales
CHIPOTLE EXTENSION – Recently extended the lease out for an additional 10 years
YOGOLOCIOUS EXTENSION – Recently exercised an option for an additional 5 years
DRIVE THRU – Panera Bread benefits from a Drive Thru
MERCED METROPOLITAN STATISTICAL AREA – Merced is the county seat in the Merced MSA, with a population of nearly 300,000
MERCED – Located in the heart of California’s agricultural Central Valley, Merced is the region’s hub for education, culture, and business
HIGH TRAFFIC COUNTS – R Street gets over 23,591 Vehicles Per Day and Olive Avenue sees over 37,259 VPD
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
61/100
Somewhat Walkable
-
Bike Score ®
83/100
Very Bikeable
- City Merced, CA
- Zip Code 95348
- Market Central Valley
Points of Interest
-
Merced
1.02 miles
-
Chevron
0.25 miles
-
Valero
0.27 miles
-
BP
0.59 miles
-
Arco
0.78 miles
-
Valero
0.86 miles
-
Chevron
1.07 miles
-
Westgate Beacon
1.23 miles
-
Circle K 76 gas
1.38 miles
-
Smiley's Shell Service
1.39 miles
-
Costco Gasoline
1.41 miles
-
RDA Parking Structure
1.22 miles
-
Scholars Lot
4.01 miles
-
Bellevue Lot
4.03 miles
-
University Lot
4.16 miles
-
Library Lot 2
4.41 miles
-
Library Lot 1
4.43 miles
-
LeGrand Faculty/Staff Lot
4.64 miles
-
North Bowl Parking
4.84 miles
-
Slumber Motel
1.32 miles
-
Gateway Motel
1.33 miles
-
Siesta Motel
1.33 miles
-
San Joaquin Motel
1.35 miles
-
Motel 6
1.52 miles
-
Days Inn by Wyndham Merced/Yosemite Area
1.64 miles
-
Studio 6 Merced, CA
1.67 miles
-
Studio 6
1.68 miles
-
Merced Howard Johnson
1.68 miles
-
California Best Motel
1.80 miles
-
Hometown Buffet
0.13 miles
-
Chipotle
0.20 miles
-
Panera Bread
0.22 miles
-
El Pollo Loco
0.24 miles
-
Jack in the Box
0.28 miles
-
Pizza Hut
0.31 miles
-
Pizza Villa
0.33 miles
-
Burger King
0.33 miles
-
Hibachi Grill Buffet
0.39 miles
-
China Grand Buffet
0.39 miles
-
Rudolph Rivera Intermediate School
0.43 miles
-
Stone Ridge Christian High School
0.51 miles
-
North Merced Union High School
0.57 miles
-
Merced Christian
0.81 miles
-
Saint Lukes Episcopal School
0.88 miles
-
Alexander Street Montessori
0.93 miles
-
John Muir Elementary School
0.95 miles
-
John Fremont Elementary School
0.95 miles
-
Le Conte Kindergarten
0.98 miles
-
Luther Burbank Elementary School
1.10 miles
-
La Petite Academy
0.41 miles
Frequently Asked Questions
What is the lease rate for 3110 R Street?
Rental asking rate at 3110 R Street is $2,943,685.00/YR.
What is the total square footage of 3110 R Street?
3110 R Street totals 7,000 square feet.
When was this property built?
3110 R Street was built in 1969.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Contact Listing Broker
