For Sale
$1,595,000

5441 Merchant CirPlacerville, CA 95667

10,092 SF Flex Building, Strong Tenant

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 10,092 square foot flex building situated on a 0.84-acre lot in Placerville, California. The property, located at 5441 Merchant Circle, boasts a desirable location within an established industrial park, offering convenient access to Highway 50 and public transportation. Built in 1996, this two-story building features a pitched metal roof, stucco exterior, and a concrete slab foundation. The interior comprises approximately 10,092 rentable square feet, currently leased under a modified lease agreement with a single tenant, expiring October 30, 2025, leaving approximately one year remaining. The asking price is $1,595,000, translating to $158 per square foot. The property benefits from a strong credit tenant who has occupied the space since 2003. Building amenities include four HVAC units (two replaced within the last five years, two older than ten years), propane gas meters, 600 AMP 3-phase power, and utilities serviced by El Dorado Irrigation District (water and sewer) and PG&E (electricity). Waste disposal is handled by El Dorado Disposal. The property is zoned Industrial Light (IL) and features a concrete slab foundation. This well-maintained freestanding building presents an ideal opportunity for investors seeking a reliable income stream or owner-users looking for a functional and strategically located space. The APN is 319-370-032-000.

Highlights

  • Well-located industrial property in established Mother Lode Drive park.
  • Investment or owner-user opportunity available.
  • Built in 1996.
  • Strong credit tenant in place.
  • Excellent access to Highway 50 and public transit.
  • Metal pitched roof.

Property Details for 5441 Merchant Cir

Property type
Office properties, Industrial properties
Square Feet
10,092 SF
Year Built
1996
Stories
2
Lot Size (sq. ft)
36,590 SF

Location Insight

City
Placerville
County
El Dorado
State
California
Latitude
38.6761816
Longitude
-120.8784879
5441 Merchant Cir, Placerville, California

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5441 Merchant Cir
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