645 Fairfield Dr Merced, CA 95348

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.