Miles Business Park

Investment Offering
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Miles Business Park - Merced, CA
$4,200,000 8.50% Cap Rate
16th S
treet
Approximately 65,000 square feet of office & warehouse buildings on
15.3 acres with easy access to Freeway 99 and Highway 59.
100% Occupied. Additional office/warehouse buildings can be built
on undeveloped ground to produce added income.
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
Tenant Rent Roll
Comcast recently finalized renewal option, extending through 2020. Comcast shall receive 140k TI allowance from
Landlord 1/1/2016. The rent amount noted above includes the 140k loan payment (6% interest amortized over 5 years)
plus base rent.
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
INCOME & EXPENSE
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
Tenant Overview
The Merced County Community Action Agency started providing services in Merced County in 1965
under the name the Dos Palos Poverty Fighters. That small grassroots program has now evolved into the
Merced County Community Action Agency. The Agency provides services, through approximately 13
service programs, annually to over 50,000 unduplicated citizens in every town within Merced County.
The Agency continues to expand in order to support areas of need in the county and beyond, eliminating
the plight of poverty for thousands of county residents. www.mercedcaa.org
Majestic All Stars is a local Cheerleading and Dance instruction business.
www.facebook.com/MajesticAllstars
Since 1987, CIWP has been supporting individuals with developmental disabilities and mental
challenges to achieve their potential. Our model is based on the principles of community integration to achieve productive lifestyles. CIWP is honored to provide work and behavioral day-programs, independent living supports, and crisis intervention. Our array of services is available to
participants throughout the large state of California.
www.ciwp.org
Hart Paving & Grading Inc. is a local paving contractor and
has been a tenant at Miles Business Park since 1988.
Heaven Scent is a Residential and Commercial cleaning service.
www.heavenscentllc.com
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
Tenant Overview
Condor Earth Technologies, Inc. is a diversified, multidisciplinary organization
providing a variety of Earth and Environmental Sciences, Engineering, Mapping,
GIS, and Construction Management Services to private and public sector clients.
At our core, we believe that innovation, creativity, and integrity are the keys to
success.
www.condorearth.com
Central Valley Opportunity Center was incorporated as a communitybased corporation in May of 1979. CVOC operates numerous employment, educational, economic development and social service programs in
central California. Over the last twenty-five years, CVOC has operated
major programs for the Department of Labor, Department of Community
Service and Development, Department of Education, State of California,
local government programs and private foundations.
www.cvoc.org
Advanced Career Institute is a private career
training school that has provided short-term,
hands-on education and training in a variety of
growing career fields since 1986. We offer an
exciting list of career training programs in the
Transportation and Technical career fields which include:
Certified & Production Welding
Class A Commercial Truck Driving
Class B Commercial Truck Driving
School Bus Driving and Commercial Bus Driving.
www.advanced.edu
Bret Briggs is a local Residential and
Commercial Construction contractor.
www.bretbriggs.com
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
Tenant Overview
Personal Training by Summer Fookes
Offering personal training, group fitness classes, meal
planning & nutrition advice.
www.summbodyfitness.com
Merced County’s Ambulance Service provider since 1948.
www.riggsambulance.com
The Mininger family are local farmers
and prominent sweet potato growers.
www.miningerfarms.com
Merced Lao Family Community, Inc.,
was established in 1981 as a non-profit
organization. In the early 1980’s, a large
and unexpected number of Southeast
Asian refugee’s influx in the Central
Valley of California. The missions of
MLFC are to help Asians and refugees
in Merced County mainstream social, cultural, educational, health, economical, employment
and self-sufficiency in the America.
www.laofamilymerced.com
Comcast is a cable, TV, phone and internet
provider. They are the largest cable and internet provider in the United States.
www.comcast.com
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
Above: Monument Sign
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Below: 1743 Ashby occupied by Riggs Ambulance
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
Above: Comcast 1717 Miles Court
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Below: 1748 Miles Court
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
Comcast
1717 Miles Ct.
1748 Miles Ct.
“A” Summ Body
Fitness
“B” Lao Family
Community Center
“C, D, E, F”
Mininger Farms
2 Acres for future
development
Briggs Construction
1710 Miles Ct.
Advanced Career
Institute
1716 Miles Ct.
Hart Paving & Grading
1737 Ashby Dr.
1739 Ashby Dr.
“A” White
“B” Condor
Riggs Ambulance
1743 Ashby Dr.
1735 Ashby Dr.
“A” Action Agency
“B” Majestic All Star
“C” Heaven Scent
“D” CIWP
“E” Superior Mech. Insulation
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
1741 Ashby Dr.
“A” Central Valley
Opportunity Center
“B” Advanced
Career Institute
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
SITE PLAN
Approximately 2 acres can be
developed for additional offices
and/or warehouse.
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
PLAT MAP
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378
Miles Business Park
Area Map
Subject
Property
Tinetti Realty Group
2930 “G” Street
Merced, Ca 95340
Jacob Morgner
209.617.2679
[email protected]
BRE# 01882378