Redeveloping Shopping
For Lease
Contact for pricing
851 W Olive Ave, Merced, CA 95348
53-acre shopping destination is undergoing a major redevelopment with entertainment and service focus and nearby retail draw.
Space SizeContact for details
Lot Size1.49 Acres
Days on Market383
Property Features for 851 W Olive Ave
General Information
Standard status
Active
Lot size
1.49 Acres
Property subtype
LAND
Lease Type
SF/yr
Spaces For Lease
at 851 W Olive Ave Contact us- Type
- LAND
- Availability
- AVAILABLE, Now
- Sublease
- No
851 W Olive Ave $3.14/SF/Yr
- Marketplace at Merced is undergoing a major redevelopment to ensure its long term...
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Listing Agency:
Ethan Conrad Properties
(916) 996-5539
Listed By:
Joey Chiurazzi · License #01298662
(916) 996-5539
Source:
Moodyscre
Added: Jul 24, 2025
Changed: Aug 8
Last Checked: Aug 9 at 10:01AM
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
Investment Insights
Based on property information with market context.
Marketplace at Merced is undergoing a major redevelopment aimed at long-term market positioning. The 53-acre shopping destination is moving toward an entertainment- and service-driven mix, which is intended to support increased foot traffic and repeat customers.
The center is surrounded by dense residential population and is in close proximity to Merced College. Nearby major national tenants include Target, JCPenney, Kohl’s, and Michael’s, among others.
Additional announced leases include Boot Barn, Vallarta Market, Crunch Fitness, Raising Cane’s, and Shoe Palace, which further expand the entertainment, service, and daily needs options for area visitors.
The center is surrounded by dense residential population and is in close proximity to Merced College. Nearby major national tenants include Target, JCPenney, Kohl’s, and Michael’s, among others.
Additional announced leases include Boot Barn, Vallarta Market, Crunch Fitness, Raising Cane’s, and Shoe Palace, which further expand the entertainment, service, and daily needs options for area visitors.
Key Highlights
- 53‑acre shopping destination undergoing a major redevelopment
- Redevelopment is shifting toward entertainment and service‑driven uses
- Major surrounding national tenants include Target, JCPenney, Kohl’s, and Michael’s
Property Analytics
Current Use
Lease Details
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 - 53-acre shopping destination is undergoing a major redevelopment with entertainment and service focus and nearby retail draw.
Where is this shopping center located?
The property is located at 851 W Olive Ave Merced, CA.
What are key features of this property?
This property features: 53‑acre shopping destination undergoing a major redevelopment; Redevelopment is shifting toward entertainment and service‑driven uses; Major surrounding national tenants include Target, JCPenney, Kohl’s, and Michael’s
