For Lease
$51.43/SF/YR

165 Mercy Spg Los Banos, CA 93635

Prime QSR Pad, Fully Entitled, Drive-Thru

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 0.75-acre lot in Merced County presents a fully entitled quick-service restaurant (QSR) opportunity. The 2,625 square-foot building plan includes outdoor seating and is part of a new, grocery-anchored shopping center in Los Banos, situated at the high-traffic intersection of Mercy Springs and Willmott Roads (approximately 14,000 vehicles per day). On and off-site improvements will be completed by the developer. The property benefits from its location near new and existing residential areas, schools (elementary, middle, and high schools within one mile), and the busy Highway 152. The shopping center will also feature a large grocery store anchor, a Shell gas station with a convenience store and car wash, and additional retail spaces. This single-tenant ground lease offers an 180-month term at an annual rate of $135,000. Expected delivery is in the first quarter of 2025. This is an ideal opportunity for a QSR operator seeking a prime location in a rapidly growing area with strong demographics and excellent visibility.

Highlights

  • Fully entitled 2,625 sq. ft. quick-service restaurant pad with drive-thru.
  • 0.75-acre lot, ground lease.
  • $135,000 annual rent, 180-month term.
  • Located in Los Banos, Merced County, at Mercy Springs & Willmott Roads, near Hwy 152.
  • Grocery-anchored shopping center with high traffic counts.

Property Details for 165 Mercy Spg

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
2,625 SF

Unit(s) available at that property

Space
Size
2,625 SF
Rate per SF
$51.43

Location Insight

City
Los Banos
County
Merced
State
California
Latitude
37.070289
Longitude
-120.833806

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FAQs

What type of property is this?
Retail property - Prime QSR Pad, Fully Entitled, Drive-Thru
Where is the retail property located?
The property is located at 165 Mercy Spg Los Banos, CA.
What is the lease rate?
The lease rate is $51.43/SF/YR.
What are key features of this property?
This property features: Fully entitled 2,625 sq. ft. quick-service restaurant pad with drive-thru.; 0.75-acre lot, ground lease.; $135,000 annual rent, 180-month term.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Kurt Parkinson
Kurt Parkinson
Visit Broker Website

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Useful Information

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Mercy Spg
Los Banos, CA 93635

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Mercy Spg
Los Banos, CA 93635

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

165 Mercy Spg
  • Kurt Parkinson
    Kurt Parkinson
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