Situated on a 2-parcel lot, this single tenant building is designed for restaurant use, boasting a large parking lot and large monument signage. This property is positioned very conveniently at both the entrance to and exit from southbound Highway 99 as you enter the City of Merced. The longstanding restaurant tenant, who has been an occupant since 1982, is currently on a month-to-month lease, offering flexibility for a savvy investor. With below-market gross rent in place, this property holds potential to increase the return on investment. Also ideal for an owner/user buyer aiming to establish their own distinctive restaurant concept, or a gas station or other developer seeking a prime highway location near a highway entrance or exit. The parcel has sufficient space to accommodate the construction of additional buildings or drive-thru, subject to zoning considerations.