MERCED INDUSTRIAL DEALS NOW

$2,800,000

Description

INDUSTRIAL PROPERTY SHOWCASE

140 Macready Merced, CA 95341 20,000 SF Industrial Building ($140/SF) $2,800,000

Merced

EXECUTIVE SUMMARY

140 Macready Dr is a 20,000 SF concrete tilt-up building near the entrance to Merced Regional Airport, split into three equal units (~6,667 SF each). Built in 2008, the property is currently being held with short‐term tenancy, which gives a new owner or investor a clean slate to lease each suite at market rates (currently estimated at $0.75/SF/month NNN, or roughly $9/SF/year). Because of its airport proximity, strong construction, and flexibility, it’s ideal for users seeking logistics, manufacturing, or light industrial operations.

INVESTMENT HIGHLIGHTS

Split-unit layout: three ~6,667 SF suites that can be leased separately or together.
Concrete tilt-up construction ensures durability, low maintenance, and solid performance.
30’ clear height with six roll-up doors gives great vertical capacity and loading flexibility.
Opportunity Zone designation adds tax flexibility for qualified investors.
Excellent location at the gateway to Merced Regional Airport—great road access, visibility, and logistics potential.

PROPERTY FACTS

Detail	Specification
Price	$2,800,000 ($140.00/SF)
Rentable Building Area	20,000 SF
Lot Size	2.80 AC
Stories	1
Year Built	2008
Clear Height	30’
Drive-in / Grade-Level Doors	6
Zoning	I-L (Light Industrial)
Building Class	B
Opportunity Zone	Yes

INDUSTRIAL MARKET NEWS – MERCED COUNTY

Lease Deals & Rates: Industrial space in Merced is leasing from $6.60 to ~$10.20/SF/year depending heavily on location, size, condition, and features. For example, units in the 1,500–50,000 SF range on Grogan Ave and Hawk Dr are listed around $9–$10+/SF/year.
Large-Scale Listings: A massive industrial property—2201 Cooper Ave—is available in excess of 500,000 SF, showing that demand and supply are scaling up in Merced.
Land / New Development Activity: Industrial‐zoned vacant land is in demand. Multiple parcels are listed, and new projects are being considered, especially in areas with proximity to highway access and airport infrastructure. Subdivision proposals (e.g. of ~9 acres into smaller parcels) highlight growing interest in modular / small‐to-mid‐size industrial uses.
Labor & Demographics: The labor pool in Merced County remains favorable—costs are generally lower than metro areas, while population and industrial-adjacent sectors (agribusiness, logistics, food production) are stable or growing. This supports absorption of industrial supply.

CONCLUSION & TAKEAWAY

Merced’s lease rate growth, demand for space, and scarcity of new supply all point toward upside potential for well-positioned properties.

Properties with modern specs (good clear height, docks, power, location near transportation or airport) are likely to attract institutional buyers once rates or yield profiles support them.

140 Macready Dr is well positioned to leverage Merced’s rising industrial profile: modern facility, flexible layout, Good ceiling height, and in a market where rates are on the move.