For Lease
$51.43/SF/YR

165 Mercy SpgLos Banos, CA 93635

Prime QSR Pad, Fully Entitled, Drive-Thru

Overview

Added:
Dec 11, 2024
Days on market:
114
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
165 Mercy Spg, Los Banos, California

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165 Mercy Spg
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