851 Olive Ave Merced, CA 95348
- Retail properties
Current Use by Public Records
- Marketplace at Merced / Shopping Mall
- MEHRAN'S JEWELERS / Jewelry Store
- Sandy Sweets / Ice Cream Shop
- Cell Gallery - phone repair at Merced Mall / Toy Store / Mobile Phone Repair Shop
- Claire's / Jewelry Store / Toy Store
Property Details for 851 Olive Ave
- Property type
- Retail properties
- 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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.483
- Latitude
- 37.3208
