Redeveloping Shopping Destination in
851 W Olive Ave Merced, CA 95348
851 W Olive Ave, Merced, CA, 95348
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For Lease
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53-acre shopping center undergoing redevelopment for entertainment and services.
Lot Size53.00 Acres
Days on Market772
Property Features for 851 W Olive Ave
General Information
- Standard status
- Active
- Lot size
- 53.00 Acres
- Property subtype
- Retail
Spaces For Lease
at 851 W Olive Ave Contact us
Listing Agency
Ethan Conrad Properties Inc
(916) 779-1000
Listed by
Joey Chiurazzi · License #02123466
Source
Crexi
Added: Jun 5, 2024 Checked: Jul 15 at 12:15 pm
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 Inc
Investment Insights
Based on property information with market context.
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. The city of Merced is located in the rapidly growing Central region of California and is projected to experience significant population growth. California’s population is estimated to grow by over 10 million people by 2030, and the San Joaquin Valley is expected to see a significant portion of this growth. Major surrounding national tenants include Target, JCPenney, Kohl’s, and Michael’s. Vallarta Market, Crunch Fitness, and Raising Cane's leases have been signed. Boot Barn and Shoe Palace are now open. The property is in close proximity to Merced College and surrounded by a dense residential population.
Key Highlights
- Major redevelopment underway to enhance long‑term market dominance.
- Located in a rapidly growing region of Central California with projected significant population growth.
- Anchored by major national tenants like Target, JCPenney, and Kohl's.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Marketplace at Merced
Shopping Center & Mall
MEHRAN'S JEWELERS
(Bike/Boat/Book/etc) Store
Sandy Sweets
Grocery & Convenience Store
Cell Gallery - phone ...
Computer & Electronic Repair
Claire's
Tattoo & Piercing Shop
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FAQs
What type of property is this?
Shopping center - 53-acre shopping center undergoing redevelopment for entertainment and services.
Where is this shopping center located?
The property is located at 851 W Olive Ave Merced, CA.
What is the lease rate?
The lease rate is $23.40 SF/Yr.
What are key features of this property?
This property features: Major redevelopment underway to enhance long‑term market dominance.; Located in a rapidly growing region of Central California with projected significant population growth.; Anchored by major national tenants like Target, JCPenney, and Kohl's.
