3110 R Street

For Sale

3110 R Street, Merced, CA 95348

This Merced property for sale is located at 3110 R Street. The current listed sale price for 3110 R Street is $5,887,370. 3110 R Street is situated on a lot that is 0.58 acre in size.

Contacts

broker

Clay Smith

Matthews Real Estate Investment Services

Property Details

  • Property Type Restaurant
  • Property Size 7,000 SF
  • Lot Size 0.58 Acre
  • Additional Rent Contact for pricing
  • 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

Getting around

  • 61/100

    Walk Score ®

  • 83/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Merced, CA
  • Zip Code 95348
  • Market Central Valley

Points of Interest

  • Chevron

    0.25 miles

  • Valero

    0.27 miles

  • BP

    0.59 miles

  • Arco

    0.78 miles

  • Westgate Beacon

    1.23 miles

  • 76

    1.38 miles

  • Smiley's Shell Service

    1.39 miles

  • Costco Gasoline

    1.40 miles

  • RDA Parking Structure

    1.22 miles

  • Bellevue Lot

    3.97 miles

  • Scholars Lot

    4.02 miles

  • ECEC Lot

    4.06 miles

  • University Lot

    4.16 miles

  • Calaveras Lot

    4.24 miles

  • Terrace Lot

    4.26 miles

  • Muir Lot

    4.36 miles

  • Library Lot 2

    4.41 miles

  • Library Lot 1

    4.43 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

  • JCPenney

    0.04 miles

  • Kohl's

    0.05 miles

  • Merced Mall

    0.07 miles

  • Target

    0.15 miles

  • Big Lots

    0.15 miles

  • Food 4 Less

    0.34 miles

  • FoodMaxx

    0.55 miles

  • Save Mart

    0.67 miles

  • Nadrich Accident Injury Lawyers

    0.92 miles

  • Walmart

    1.07 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Clay Smith

Matthews Real Estate Investment Services