Listed by Newmark - Sacramento
Unpriced
Merced Gateway Retail
Details
Property Type Land
Sub Type Commercial
Acreage 0.82 - 1
Land
Marketing description
Located in California’s rapidly-growing Central Valley, the City of Merced is poised for significant population growth. It is expected that over 10 million people will be added to
California by 2030, with a significant portion of this growth occuring in the San Joaquin Valley. Anticipating this growth, the City of Merced envisions a growing community that preserves much of its small town feel. The Merced Gateway project is an integral part of this expansion as it will capitalize on the newly constructed Campus Parkway, a 4-lane
expressway that connects south and north Merced through the project. The project will be comprised of roughly 8.4 acres of high-density residential and 68.6 acres of regional commerical uses. An on- and off-ramp to Highway 99 is located approximately 500 feet west of the site, allowing for quick regional access. The newly constructed Campus Parkway bisects the site.
Investment highlights
- Within the ±70 acre Merced Gateway mixed use Master Plan
- ±70 acre planned mixed use development
- Positioned at the Highway 99 / Campus Parkway Interchange
- ±200 planned apartment units
- Extremely underserved retail trade area
- Strong trade area demographics
- ±2,200 planned and new residential units in proximity
- Located on Campus Parkway, providing direct access to UC Merced from Highway 99
Listing Contacts
Listed by Newmark - Sacramento
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