851 Olive AveMerced, CA 95348

  • Other commercial real estate
For Lease
$3.14/SF/YR View listing

Property Details for 851 Olive Ave

Property type
Other commercial real estate
Property subtype
Restaurants

Description

This exceptional retail opportunity presents a single-tenant pad within the thriving Marketplace at Merced, a 53-acre shopping destination undergoing a significant redevelopment. The property offers a flexible footprint ranging from 50,000 to 65,000 square feet, ideal for a variety of retail, restaurant, or land-based commercial uses. Located at 851 W Olive Ave, Merced, CA 95348, this site benefits from its strategic position within a rapidly expanding area of California's Central Valley, projected to experience substantial population growth. The Marketplace at Merced enjoys high visibility and significant foot traffic, attracting 3.66 million visitors annually in 2023. The redevelopment plan emphasizes entertainment and service-oriented businesses, ensuring sustained customer engagement and repeat visits. This prime location is further enhanced by its proximity to Merced College and a dense residential population, providing a readily available customer base. The surrounding area boasts major national retailers such as Target, JCPenney, Kohl's, Michael's, and Big Lots, creating a synergistic retail environment. This is a unique chance to establish a presence in a dynamic and growing market poised for continued success.

851 Olive Ave, Merced, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.3208
Longitude
-120.483

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