602 W 20th Street

Merced, CA95340

Prime Downtown Merced Investment Opportunity! This recently renovated 7,169± SF professional office building offers an exceptional combination of modern improvements, established tenancy, and a long-term investment potential. Extensive upgrades include new exterior stucco and paint, new signage, a new roof, new HVAC units, new windows/doors, updated electrical, and fully renovated tenant spaces. The property features three established tenants secured by long-term NNN leases, with options to extend and annual rent escalations. Ideally located within walking distance of the Merced County Courts, and the County Administrative Building. Nearby landmarks include Merced City Hall, the UC Merced Administrative Building, the Merced College Business Resource Center, the El Capitan Hotel and numerous fine dining establishments. Offered at a 6.2% capitalization rate, this turnkey, low-management investment presents an attractive opportunity for investors seeking stable income and long-term growth in the heart of downtown Merced.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.