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851 Olive Ave Merced, CA 95348

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For Lease
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Prime Merced retail space, 15 units available.

Lot size:
109,702 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
The Marketplace at Merced, located at 851 W Olive Ave, Merced, CA 95348, presents a unique investment opportunity within a thriving retail center undergoing significant redevelopment. This 53-acre shopping destination in Merced County is strategically positioned to capitalize on the projected population growth in California's Central Valley, expected to see a substantial increase in residents by 2030. The property currently offers 15 available spaces ranging from 468 square feet to 69,674 square feet, suitable for a variety of retail uses, including restaurants and food court options. The redevelopment plan focuses on enhancing the center's entertainment and service offerings, aiming to increase foot traffic and customer loyalty. The Marketplace at Merced benefits from its proximity to Merced College and a dense residential population, ensuring a strong customer base. The center is anchored by major national tenants such as Target, JCPenney, Kohl's, Michael's, and Big Lots, providing significant synergy and drawing power. This is an exceptional opportunity to invest in a dynamic retail property poised for continued success in a rapidly growing market. The property is classified as a shopping mall and offers multiple tenancy options.

Property Features for 851 Olive Ave

General Information

Property type
Restaurants
Lease Type
Gross Lease
RSF (Rentable sq. ft)
109,702 SF

Unit(s) available at that property

Space
Suite 760
Size
9,986 SF
Space
Suite 230
Size
4,573 SF
Space
Suite 706
Size
599 SF
Space
Suite 220
Size
3,031 SF
Space
Suite 270
Size
2,987 SF
Space
Suite 264
Size
7,415 SF
Space
Suite 285
Size
1,529 SF
Space
Suite 714
Size
872 SF
Space
Building C&D
Size
69,674 SF
Space
Suite 200
Size
3,321 SF
Space
Suite 206
Size
791 SF
Space
Suite 700
Size
2,271 SF
Space
Suite 707
Size
975 SF
Space
Suite 710
Size
1,210 SF
Space
Suite 709
Size
468 SF

HighLights

  • Prime retail investment opportunity at The Marketplace at Merced (851 W Olive Ave, Merced, CA 95348).
  • 15 available spaces, 468 SF - 69,674 SF, ideal for various retail uses including restaurants.
  • 53‑acre shopping center undergoing redevelopment to enhance entertainment and services, boosting foot traffic.
  • Strong location near Merced College and dense residential areas, ensuring high customer traffic.
  • Anchored by major national retailers (Target, JCPenney, Kohl's, Michael's, Big Lots), driving significant synergy.
  • Positioned to benefit from projected population growth in California's Central Valley.
Property Profile Location Intelligence

Current Use by Public Records

Marketplace at Merced Shopping Mall MEHRAN'S JEWELERS Jewelry Store Sandy Sweets Ice Cream Shop Cell Gallery - phone ... Mobile Phone Repair Shop Claire's Ear Piercing Service

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.4825757
Latitude
37.3207673

FAQs

What type of property is this?
Restaurant - Prime Merced retail space, 15 units available.
Where is this restaurant located?
The property is located at 851 Olive Ave Merced, CA.
What are key features of this property?
This property features: Prime retail investment opportunity at The Marketplace at Merced (851 W Olive Ave, Merced, CA 95348).; 15 available spaces, 468 SF - 69,674 SF, ideal for various retail uses including restaurants.; 53-acre shopping center undergoing redevelopment to enhance entertainment and services, boosting foot traffic.
More about this property
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