Merced, California, offers a unique opportunity for investors to tap into the retail market with its 4 available Retail Properties For Sale. As the "Gateway to Yosemite," Merced's strategic location near Yosemite National Park and Monterey Bay makes it an attractive destination for tourists and locals alike. Retail Properties in Merced can represent a diverse range of investments, from strip centers and shopping malls to freestanding buildings and restaurants. With its growing population of approximately 90,000 residents, Merced provides an ideal environment for businesses to thrive. The city's amenities, including Mercy Medical Center Merced, Lake Yosemite, and the Castle Air Museum, contribute to its appeal. Additionally, the presence of the University of California, Merced, and its research facilities, further enhances the city's economic landscape. As a result, Retail Properties in Merced offer a promising investment opportunity for those looking to capitalize on the city's growth.
Merced's retail landscape is characterized by its accessibility and convenience, with major roads like State Route 59, State Route 99, and State Route 140 passing through the city. The Merced Regional Airport and Amtrak San Joaquins provide easy transportation options for residents and visitors. In addition to Retail Properties, Merced also offers a range of other property types, including Shopping Centers, which benefit from the city's high foot traffic; Restaurants, which cater to the diverse tastes of locals and tourists; Office Properties, which support the city's growing business sector; and Hotels, which provide accommodations for visitors. With its unique blend of natural beauty, cultural attractions, and economic opportunities, Merced is an attractive destination for investors and businesses alike.
What is the average cap rate for retail properties in Merced?
When considering retail properties for sale in Merced, it's essential to understand the average cap rate, which currently stands at 7%. To put this into perspective, the cap rate is a crucial metric that helps investors gauge the potential return on investment, and you can learn more about it in our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Merced, California, the location and foot traffic of retail properties significantly impact their values. For instance, properties situated near the University of California, Merced, or along major roads like State Route 59, State Route 99, and State Route 140, tend to have higher values due to increased foot traffic and visibility, with an average price per square foot of $508 USD and an average size of 4,772 square feet.
