5441 Merchant Cir
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5441 Merchant Cir
10,092 SF 100% Leased Flex Building Placerville, CA 95667 $1,595,000 ($158/SF)
Investment Highlights
- Situated in a well established industrial park off of Mother Lode Drive
- Good credit tenant
- Leased investment or owner/user opportunity
- Close proximity to Highway 50 and public transportation
Executive Summary
Newmark is pleased to present for sale a single-tenant leased investment property with ±12 months remaining on term located in Placerville, California. Situated at 5441 Merchant Circle, this two-story office/flex building was constructed in 1996 and offers approximately 10,092 rentable square feet on 0.84 acres. This well-positioned asset provides an excellent opportunity for an investor or owner/user to acquire a well-maintained freestanding office/flex building with reliable income from a strong credit tenant, Norden Millimeter, has occupied the building since 2003.
Property Facts
| Price | $1,595,000 | Rentable Building Area | 10,092 SF |
| Price Per SF | $158 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1996 |
| Property Type | Flex | Parking Ratio | 2.48/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 12 FT |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.84 AC |
| Price | $1,595,000 |
| Price Per SF | $158 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.84 AC |
| Rentable Building Area | 10,092 SF |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 2.48/1,000 SF |
| Clear Ceiling Height | 12 FT |
| No. Drive In / Grade-Level Doors | 3 |
Utilities
- Gas - Propane
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 319-370-032-000 | Improvements Assessment | $487,223 |
| Land Assessment | $208,804 | Total Assessment | $696,027 |
PROPERTY TAXES
Parcel Number
319-370-032-000
Land Assessment
$208,804
Improvements Assessment
$487,223
Total Assessment
$696,027
zoning
| Zoning Code | IL (Light Industrial) |
| IL (Light Industrial) |
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Tom Conwell -
Newmark
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5441 Merchant Cir
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