Shoppes at Merced

For Sale

NEC W Olive Avenue & R Street, Merced, CA 95348

This Merced property for sale is located at NEC W Olive Avenue & R Street. Contact the listing broker for details on the current sale price for Shoppes at Merced.

Contacts

Nick Frechou

Retail California CRE

Property Details

  • Property Type Retail - Street Retail
  • Property Size 85,892 SF
  • Property Tenancy Multi-Tenant
  • Date Updated May 7, 2026
The property boasts a “main & main” location within the heart of Merced’s primary retail corridor at the high traffic (±40,459 VPD) signalized intersection of W Olive Ave & R Street.A former Sears Box, the asset recently completed a successful full-scale redevelopment and lease up campaign resulting in a synergistic national and credit tenant line up of Burlington, PetCo, Five Below, ULTA, Carter’s, Tilly’s, Rack Room Shoes, Bed Bath & Body Works, and Mattress Firm. The newly signed leases (±10.0 WALT) offer highly secured long-term income from a diverse and complementary tenant roster. The property boasts a “main & main” location within the heart of Merced’s primary retail corridor at the high traffic (±40,459 VPD) signalized intersection of W Olive Ave & R Street. The property is immediately adjacent Marketplace at Merced (Merced’s only regional shopping mall which is currently undergoing a major renovation) creating strong foot traffic and cross-shopping from an existing loyal customer base In Downtown Merced.
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Highlights

  • Anchored by Burlington (±25,187 SF/29% of GLA), a publicly traded (NYSE: BURL) leading national off-price retailer boasting 2024 annual revenues of $10.63 B. Burlington’s resilient “off-price” business model allows the company to thrive in all economic cycles.
  • The diversified tenant mix features an ideal combination of “essential retail” categories that promote frequent customer visits and cross-shopping synergies
  • The property is 100% leased to National / Regional recognized credit tenants.
  • The subject property is also supported by newly developed pads leased to national tenants Pollo Campero (NAP) and Aspen Dental (NAP) which drive additional customer traffic and cross shopping synergy to the center.

Attachments

Getting around

  • 73/100

    Walk Score ®

  • 82/100

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Location

  • City Merced, CA
  • Zip Code 95348
  • Market Central Valley

Points of Interest

  • Valero

    0.04 miles

  • Chevron

    0.04 miles

  • BP

    0.79 miles

  • Arco

    0.99 miles

  • Westgate Beacon

    1.02 miles

  • Smiley's Shell Service

    1.15 miles

  • Costco Gasoline

    1.18 miles

  • Texaco

    1.27 miles

  • Fast Refresh

    1.28 miles

  • RDA Parking Structure

    1.08 miles

  • Bellevue Lot

    4.23 miles

  • Scholars Lot

    4.27 miles

  • ECEC Lot

    4.32 miles

  • University Lot

    4.41 miles

  • Calaveras Lot

    4.50 miles

  • Terrace Lot

    4.51 miles

  • Muir Lot

    4.62 miles

  • Library Lot 2

    4.67 miles

  • Library Lot 1

    4.68 miles

  • Panera Bread

    0.04 miles

  • Chipotle

    0.06 miles

  • China Grand Buffet

    0.16 miles

  • Mandarin Shogun

    0.22 miles

  • Subway

    0.24 miles

  • Hometown Buffet

    0.30 miles

  • Sizzler

    0.32 miles

  • Pizza Villa

    0.33 miles

  • El Pollo Loco

    0.44 miles

  • Jack in the Box

    0.48 miles

  • Food 4 Less

    0.16 miles

  • Merced Mall

    0.21 miles

  • JCPenney

    0.25 miles

  • Target

    0.28 miles

  • Kohl's

    0.29 miles

  • FoodMaxx

    0.30 miles

  • Big Lots

    0.41 miles

  • Nadrich Accident Injury Lawyers

    0.77 miles

  • Walmart

    0.83 miles

  • Save Mart

    0.85 miles

Contact Listing Broker
Nick Frechou

Retail California CRE

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