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Marketplace at Merced 851 Olive Ave 1.15 - 1.49 Acres of Commercial Land for Lease in Merced, CA 95348
Highlights
- Fronting well-traveled W Olive Ave in Merced
- Boot Barn and Shoe Palace now open!
- Surrounded by many national tenants
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 1.15 - 1.49 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 1.15 - 1.49 AC |
For parcel sizes between 50,000 SF and 65,000 SF, this will be computed in a comparable amount PSF. Existing site improvements (paving, landscaping, curb, gutter, sidewalk, parking lot lighting, etc.) have a replacement cost of at least $10.00 PSF which is included in the prices. Vallarta Market, Crunch Fitness, and Raising Cane's leases signed! Boot Barn and Shoe Palace now open!
Property Overview
Servicing a large geographic section of California’s Central Valley, Marketplace at Merced is undergoing a major redevelopment to ensure its long term dominance in the market. The 53-acre shopping destination will move towards becoming more entertainment and service-driven which will result in more 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. California’s population is estimated to grow by over 10M people by 2030, San Joaquin Valley is expected to see a significant portion of this growth. Major surrounding national tenants include: Target, JCPenney, Kohl’s, Michael’s, Big Lots! and more. In close proximity to Merced College and surrounded by dense residential population. In 2023 Merced Mall had 3.66 million visitors per year. Vallarta Market, Crunch Fitness, and Raising Cane's leases signed! Boot Barn and Shoe Palace now open!
Property Facts
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Marketplace at Merced | 851 Olive Ave
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