Mercer, California, a city in the San Joaquin Valley, offers a unique blend of small-town charm and big-city amenities, making it an ideal location for Retail Space For Lease. With its proximity to Yosemite National Park and Monterey Bay, Merced attracts a diverse range of visitors and residents, creating a thriving market for retail businesses. The city's infrastructure, including the Amtrak passenger rail service, Merced Regional Airport, and three bus lines, ensures easy accessibility for customers and employees. Additionally, the presence of institutions like the University of California, Merced, and Mercy Medical Center Merced, contributes to a strong and stable local economy. The city's cultural attractions, such as historic theaters, museums, and outdoor recreational areas like Lake Yosemite, also make it an attractive location for businesses looking to cater to a diverse customer base.
With 10 Retail Space listings available For Lease, Merced offers a range of opportunities for businesses looking to establish a presence in the area. The average annual rent per square foot for Retail Space in Merced is $23 USD, with sizes ranging from 250 square feet to 500,000 square feet. In addition to Retail Space, Merced also offers a range of other property types, including Restaurants, with their unique blend of dining and entertainment options, Medical Offices, providing essential healthcare services, and Office Space, catering to the needs of businesses and professionals. Overall, Merced's diverse economy, infrastructure, and attractions make it an attractive location for businesses looking to establish a strong presence in the area.
What is the average cost per square foot for retail space in Merced?
The average cost per square foot for retail space in Merced is $23 USD per square foot, with an average size of 12,117 square feet and a maximum space size of 500,000 square feet available among the 10 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as department stores or supermarkets, can significantly impact surrounding retail space leases in Merced, California, as they attract a high volume of foot traffic and create a draw for other businesses, resulting in increased demand and potentially higher lease rates for nearby retail spaces, with 10 available listings currently on the market, offering average annual rent of $23 USD per square foot, and average size of 12,117 square feet, with a maximum space size of 500,000 square feet.
