Marketplace at Merced Redevelopment
851 W Olive Ave, Merced, CA 95348
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:
- 712
- Last Refresh:
- May 13 at 8:16 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- Size
- Type
- Retail, Land, Restaurant
$3/Mo
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
HighLights
- 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.
- Major redevelopment underway to enhance entertainment and service offerings, driving increased foot traffic and repeat customers.
- Located in Merced, a rapidly growing city within California's Central Valley, projected to experience significant population growth.
- Close proximity to Merced College and surrounded by a dense residential population.
Overview
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
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
Nearby Similar for Lease
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 is the lease rate?
The lease rate is $3 SF/Yr.
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.
