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1764-1778 W Olive Ave, Merced, CA 95348
Retail center combines a vacant large-format space with an occupied NNN component.
Property SizeContact for details
Days on Market8
Property Features for 1764-1778 W Olive Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Elevate Net Lease
Listed By:
Robert Michil · License #MI 6505433330
Source:
Crexi
Added: Sep 14
Changed: Sep 18
Last Checked: Sep 20 at 9:26AM
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 Elevate Net Lease
Investment Insights
Based on property information with market context.
This ±40,639 SF shopping center occupies ±4.94 acres and includes a ±31,180 SF vacant former Ashley HomeStore space alongside a ±9,459 SF Dollar Tree tenancy under an NNN lease structure. The larger area can support re-tenanting, subdivision, or alternative commercial use. Site coverage is approximately 19%, with excess parking and two legal parcels providing additional configuration flexibility.
The property is positioned at the corner of W. Olive Avenue and Loughborough Drive in Merced Marketplace, with access to the surrounding retail corridor. Nearby national retailers include Lowe’s, Walmart, Target, Costco, Home Depot, Hobby Lobby, Ross, and Food 4 Less. The site also carries potential for future pad development, subject to applicable approvals.
The property is positioned at the corner of W. Olive Avenue and Loughborough Drive in Merced Marketplace, with access to the surrounding retail corridor. Nearby national retailers include Lowe’s, Walmart, Target, Costco, Home Depot, Hobby Lobby, Ross, and Food 4 Less. The site also carries potential for future pad development, subject to applicable approvals.
Key Highlights
- ±40,639 SF retail center on ±4.94 acres
- ±31,180 SF vacant former Ashley HomeStore space
- ±9,459 SF Dollar Tree leased under an NNN structure
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Balanced
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 - Retail center combines a vacant large-format space with an occupied NNN component.
Where is this shopping center located?
The property is located at 1764-1778 W Olive Ave Merced, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: ±40,639 SF retail center on ±4.94 acres; ±31,180 SF vacant former Ashley HomeStore space; ±9,459 SF Dollar Tree leased under an NNN structure
