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851 W Olive Ave Merced, CA 95348

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53-acre shopping center undergoing redevelopment in growing Central California.

Type:Retail, Land, Restaurant
Lot size:
53.00 Acres
Added:
Jun 18, 2024
Days on Market:
663
Last Refresh:
Mar 17 at 1:21 pm

Property Features for 851 W Olive Ave

General Information

Standard status
Active
Lot size
53.00 Acres
Property subtype
Retail, Land, Restaurant

Spaces For Lease

at 851 W Olive Ave Contact us

$3 /Mo

Size
Type
Retail, Land, Restaurant
Contact us

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Listing Contact
Joey Chiurazzi

Listing agent Joey Chiurazzi License #02123466

Listing office Ethan Conrad Properties Inc

Listing date Jun 18, 2024

Source Crexi

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


Overview

Marketplace at Merced Redevelopment Opportunity

Marketplace at Merced, a 53-acre shopping destination servicing a large geographic section of California’s Central Valley, is undergoing a major redevelopment. The redevelopment aims to shift the focus towards entertainment and service-oriented businesses to increase foot traffic and repeat customers. Located in the rapidly growing Central region of California, the city of Merced is projected to experience significant population growth. The San Joaquin Valley is expected to see a significant portion of California’s projected population growth of over 10 million people by 2030. The property is in close proximity to Merced College and surrounded by a dense residential population. Major surrounding national tenants include Target, JCPenney, Kohl’s, Michael’s, and Big Lots! Vallarta Market, Crunch Fitness, and Raising Cane's leases have been signed. Boot Barn and Shoe Palace are now open. In 2023, Merced Mall had 3.66 million visitors per year.
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

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Similar Places Nearby

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

Location Insight

  • Map
  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.461769
Latitude
37.318741

FAQs

What type of property is this?
Shopping center - 53-acre shopping center undergoing redevelopment in growing Central California.
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: High traffic location with **3.66 million visitors per year** (in 2023).; Anchored by major national tenants including Target, JCPenney, and Kohl’s.; New leases signed with Vallarta Market, Crunch Fitness, and Raising Cane's; Boot Barn and Shoe Palace now open.
More about this property
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