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Retail Space in Redeveloping Marketplace

851-1011 W Olive Ave, Merced, CA 95348

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Retail space within Marketplace at Merced, a 53-acre shopping destination undergoing major redevelopment toward entertainment and services.

Space Size1,529 SF
Lot Size53.00 Acres
Days on Market479

Property Features for 851-1011 W Olive Ave

General Information

Standard status Active
Size 1,529 SF
Lot size 53.00 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 851-1011 W Olive Ave
851 - 1011 W Olive Ave $2.25/SF/Mo
Floor 1
Size 1,529 SF
Type RETAIL
Availability AVAILABLE, 30 Days
Sublease No
- Marketplace at Merced is undergoing a major redevelopment to ensure its long term dominance in the market. The 53-acre shopping destination will move towards becoming more entertainment and service-driven which will result in more foot traffic and repeat customers. - Major surrounding national tenants include: Target, JCPenney, Kohl’s, Michael’s and more. Boot Barn, Vallarta Market, Crunch Fitness, Raising Cane’s, and Shoe Palace leases signed! - In close proximity to Merced College and surrounded by dense residential population.
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Listing Agency: Ethan Conrad Properties
Listed By: Joey Chiurazzi · License CA #02123466
Source: Moodyscre
Added: Jul 24, 2025 Changed: Nov 2 Last Checked: Nov 12 at 9:44AM

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 Ethan Conrad Properties

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Investment Insights

Based on property information with market context.

Retail space at Marketplace at Merced, a 53-acre shopping destination currently undergoing a major redevelopment. The project is intended to shift the center toward a more entertainment and service-driven mix as it moves forward.

The marketplace is located in close proximity to Merced College and is surrounded by a dense residential population. Major surrounding national tenants include Target, JCPenney, Kohl’s, Michael’s, and more, and recent leases have been signed with Boot Barn, Vallarta Market, Crunch Fitness, Raising Cane’s, and Shoe Palace.

This offering is positioned within an actively evolving retail environment supported by an established tenant base and ongoing leasing activity.

Key Highlights

  • Retail space at Marketplace at Merced, a 53‑acre shopping destination undergoing major redevelopment
  • Redevelopment plan shifts the center toward entertainment and service‑driven uses
  • Major surrounding national tenants include Target, JCPenney, Kohl’s, and Michael’s

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Shopping centers in Merced County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Bear Creek Village Shopping Center — E North Bear Creek Dr, Merced, CA 95348
  • london plaza — 53 W Alexander Ave, Merced, CA 95348
  • Coinstar Kiosk | Bitcoin ATM — Save Mart, 150 W Olive Ave, Merced, CA 95348
  • College Green Shopping Center — 10 W Olive Ave, Merced, CA 95348

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space within Marketplace at Merced, a 53-acre shopping destination undergoing major redevelopment toward entertainment and services.
Where is this shopping center located?
The property is located at 851-1011 W Olive Ave Merced, CA.
What are key features of this property?
This property features: Retail space at Marketplace at Merced, a 53‑acre shopping destination undergoing major redevelopment; Redevelopment plan shifts the center toward entertainment and service‑driven uses; Major surrounding national tenants include Target, JCPenney, Kohl’s, and Michael’s
(916) 996-5539 Call to check price and availability
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