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Merced Mall Retail Opportunity
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645 Fairfield Dr, Merced, CA 95348

Strategic retail space available at Merced Mall undergoing major redevelopment.

Space Size6,585 SF
Property Size22,896 SF
Days on Market816

Property Features for 645 Fairfield Dr

General Information

Standard status Active
Size 6,585 SF
Class A
Total Parking Spaces 200
Property subtype Retail, Restaurant, Special Purpose
Lease Type NNN

Building Details

Building Size 22,896 SF
Tenancy Multiple

Spaces For Lease

at 645 Fairfield Dr Contact us

Suite A

Type
Restaurant, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us

Suite B - Center Space

Size
6,585 SF
Type
Restaurant, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Keller Williams Property Team
Listed By: Ernie Ochoa - CCIM · License #01247053
Source: Crexi
Added: Jun 7, 2024 Changed: Aug 21 Last Checked: Aug 30 at 5:06PM

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 Keller Williams Property Team

Investment Insights

Based on property information with market context.

Located at Merced Mall, 635-645 Fairfield Drive presents a retail opportunity within a 22,896-square-foot interior space. Previously a United Artist movie theatre, the building's ownership is prepared to negotiate tenant improvements and potentially divide the space into smaller units. Approximately 200 open parking spaces are available. The Merced Mall is undergoing a major redevelopment project to transform the shopping destination into an open-air concept, including a new 56,000-square-foot Cinemark Movie Theater. Cinemark is the largest movie theater chain in the world. The project also includes new retail, entertainment, new restaurants, and an upgraded design for the entire mall. Current anchor tenants include Target, Kohl's, and JC Penney, along with over 75 other retailers. Zoned Planned Development (P-D), the property is positioned to be part of the revitalization of the greater Merced area. The City of Merced is projected to experience significant population growth. The surrounding area within a 15-mile drive houses 159,781 residents and is expected to grow 8% within the next five years. The property is located 1.5 miles from Merced Community College and 6 miles from the University of California, Merced (UC Merced), which has roughly 10,000 students and plans to grow to 15,000 by 2030 and potentially 25,000 when the campus is fully developed.

Key Highlights

  • Strategic location within Merced Mall, undergoing major redevelopment into an open‑air concept.
  • High foot traffic potential with the addition of a new 56,000‑square‑foot Cinemark Movie Theater.
  • Ample parking with approximately 200 open spaces.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.97 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,346
Businesses Nearby

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Strategic retail space available at Merced Mall undergoing major redevelopment.
Where is this retail space located?
The property is located at 645 Fairfield Dr Merced, CA.
What is the lease rate?
The lease rate is $19.80 SF/Yr.
What are key features of this property?
This property features: Strategic location within Merced Mall, undergoing major redevelopment into an open‑air concept.; High foot traffic potential with the addition of a new 56,000‑square‑foot Cinemark Movie Theater.; Ample parking with approximately 200 open spaces.
(209) 704-7653 Call to check price and availability
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