Marketplace at Merced Redevelopment
For Lease
Contact for pricing
851 W Olive Ave, Merced, CA 95348
53-acre shopping center undergoing redevelopment in growing Central California.
Space Size65,000 SF
Lot Size53.00 Acres
Days on Market803
Property Features for 851 W Olive Ave
General Information
Standard status
Active
Size
65,000 SF
Lot size
53.00 Acres
Property subtype
Retail, Land, Restaurant
Lease Type
NNN
Building Details
Building Size
65,000 SF
Tenancy
Single
Spaces For Lease
at 851 W Olive Ave Contact us- Size
- 65,000 SF
- Type
- Land, Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Ethan Conrad Properties Inc
(916) 779-1000
Listed By:
Joey Chiurazzi · License #02123466
Source:
Crexi
Added: Jun 18, 2024
Changed: Aug 19
Last Checked: Aug 29 at 6:17AM
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, 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.
Key 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.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
812
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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Similar Off Market Nearby
- Bear Creek Village Shopping Center — E North Bear Creek Dr, Merced, CA 95348
- london plaza — 53 W Alexander Ave, Merced, CA 95348
- Coinstar Kiosk | Bitcoin ATM — Save Mart, 150 W Olive Ave, Merced, CA 95348
- College Green Shopping Center — 10 W Olive Ave, Merced, CA 95348
Frequently Asked Questions
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.
