Repositioned Community Retail
For Lease
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1011 W Olive Ave, Merced, CA 95348
Newly repositioned community center anchored by multiple national retailers at a signalized intersection in Merced.
Space Size4,680 SF
Days on Market1098
Property Features for 1011 W Olive Ave
General Information
Standard status
Active
Size
4,680 SF
Property subtype
RETAIL
Additional Details
Traffic Count
40,459 vehicles/day
Building Details
Tenancy
Multi
Spaces For Lease
at 1011 W Olive Ave Contact us- Floor
- Bldg
- Size
- 4,680 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Completion
- Sublease
- No
Pad A
- The available anchor space is a former Sears location at 1011 W. Olive Avenue in...
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Contact us
Listing Agency:
Kidder Mathews
(310) 796-6229
Listed By:
Simon Mattox · License #01887999
(310) 796-6229
Source:
Moodyscre
Added: Aug 11, 2023
Changed: Aug 8
Last Checked: Jul 22 at 5:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews
Investment Insights
Based on property information with market context.
The Shoppes at Merced is a newly repositioned community retail center within a former Sears box. The property was recently redeveloped and completed a lease-up campaign with a roster that includes Burlington, PetCo, Five Below, ULTA, Carter’s, Tilly’s, Rack Room Shoes, Bed Bath & Body Works, and Mattress Firm.
The center is located in the heart of Merced’s primary retail corridor at a high-traffic, signalized intersection at W Olive Ave & R Street. It is immediately adjacent to Marketplace at Merced, which is currently undergoing a major renovation.
The tenant mix provides a diverse retail environment with multiple national retailers represented across the shopping center.
The center is located in the heart of Merced’s primary retail corridor at a high-traffic, signalized intersection at W Olive Ave & R Street. It is immediately adjacent to Marketplace at Merced, which is currently undergoing a major renovation.
The tenant mix provides a diverse retail environment with multiple national retailers represented across the shopping center.
Key Highlights
- Newly repositioned community center totaling 85,892 SF
- Former Sears Box redeveloped and completed a lease‑up campaign
- Tenant lineup includes Burlington, PetCo, Five Below, ULTA, Carter’s, Tilly’s, Rack Room Shoes, Bed Bath & Body Works, and Mattress Firm
Property Analytics
Property Profile
Current Use
Lease Details
40,459 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95348, CA
35,066
Population
12,173
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
59.0 sq mi
ZIP Area
594
Density / Sq Mi
$63,618
Median Household Income
$40,171
Median Earnings
$1,498
Median Rent
$352,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Newly repositioned community center anchored by multiple national retailers at a signalized intersection in Merced.
Where is this shopping center located?
The property is located at 1011 W Olive Ave Merced, CA.
What are key features of this property?
This property features: Newly repositioned community center totaling 85,892 SF; Former Sears Box redeveloped and completed a lease‑up campaign; Tenant lineup includes Burlington, PetCo, Five Below, ULTA, Carter’s, Tilly’s, Rack Room Shoes, Bed Bath & Body Works, and Mattress Firm
