635 Fairfield Drive is an opportunity to set up shop at a strategic retail outlet at Marketplace at Merced. Previously used as a United Artists movie theater for many years, this space consists of 23,341 square feet of interior space. The mall's ownership is ready to negotiate tenant improvements, and potentially demise the availability into smaller spaces. Employees and visitors will never have parking issues as Merced Mall has allocated roughly 200 parking spaces to this site.
The Marketplace at Merced 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, generating foot traffic and repeat customers. Other plans for the project include new retail, entertainment, new restaurants, and an upgraded design for the entire mall. Current anchors for Merced Mall include Target, Kohl's, JC Penney, and over 75 other retailers. The property's current zoning, Planned Development (P-D), offers an opportunity to be a part of the revitalization of the greater Merced area.
The City of Merced is projected to experience significant population growth, and 635 Fairfield Drive is well-positioned to accommodate that demand. The surrounding area within a 15-mile drive of the complex houses 159,781 residents and is expected to grow 8% within the next five years. This property lies 1.5 miles from Merced Community College and 6 miles from the University of California, Merced (UC Merced), where approximately 16,058 students come to pursue an undergraduate degree each year.
Ernie Ochoa, CCIM
Keller Williams Property Team - Commercial