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Add a Listing Advertise
  1. Retail Space
  2. CA
  3. Merced

Former Ashley HomeStore

For Lease 31,180 SF

1764 W Olive Ave, Merced, CA 95348

Former Ashley HomeStore Available for LeaseRetail Redevelopment OpportunityFormer Ashley HomeStore Available for Lease

Key features

  • Ample Parking: Generous On-Site Parking Lot With Easy Ingress/Egress
  • High Visibility: Excellent Street Frontage And Signage Opportunities Along Olive Street With Strong Daily Traffic
  • Large Format Building: ±31,180 SF Former Ashley HomeStore Adaptable For Grocery, Furniture, Discount, Fitness, Medical, Or Other Large Retail Uses
  • Move-In Ready: Clean, Well-Maintained Condition With Open Floor Plan For Flexible Layouts
  • Prime Location: Located On W Olive Avenue, One Of Merced’s Busiest Retail Corridors, Surrounded By National Retailers And Strong Traffic Counts
  • Regional Draw: Located In A Dominant Trade Area With Proximity To Walmart, Target, Home Depot, And Other National Tenants
  • Strong Demographics: Merced Is Home To UC Merced, The Fastest-Growing UC Campus, Driving Retail Demand And Daytime Population
  • Zoning Flexibility: Zoned For A Wide Range Of Retail And Commercial Uses

Rental Details

  • Number of spaces 1
  • Total square feet available 31,180 SF
  • For Lease $12.00/SF/YR
  • Space Type Power Center
  • Lease Type NNN
  • Latest Update Oct 22, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
1764 W Olive Ave, Merced, CA 95348 Power Center $12.00/SF/YR 31,180 SF - NNN

1764 W Olive Ave, Merced, CA 95348

Space Type

Power Center

Lease Rate

$12.00/SF/YR

Additional Rent

Price on request

Total Space Available

31,180 SF

Divisible Space

31,180 - 31,180 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

1764 W Olive Ave, Merced, CA 95348

Space Type
Power Center
Lease Rate
$12.00/SF/YR
Total Space
31,180 SF
Lease Type
NNN
Space Type

Power Center

Lease Rate

$12.00/SF/YR

Additional Rent

Price on request

Total Space Available

31,180 SF

Divisible Space

31,180 - 31,180 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

broker
Robert Michil

Elevate Net Lease

Building Details

  • For Lease $12.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 31,180 SF
  • Lot Size 3.25 Acre
  • Additional Rent Price on request
  • Year Built 2003
  • Date Updated Oct 22, 2026

Location

  • City Merced, CA
  • Zip Code 95348
  • Market Central Valley
  • Map
  • Street
  • Walk score 61/100 Somewhat Walkable
  • Bike score 80/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Valero

0.64 miles

Chevron

0.68 miles

Smiley's Shell Service

0.81 miles

Fast Refresh

0.91 miles

Westgate Beacon

0.92 miles

Costco Gasoline

0.95 miles

Arco

1.01 miles

Texaco

1.09 miles

Shell

1.19 miles

Rene's Beacon Service

1.23 miles

RDA Parking Structure

1.22 miles

Bellevue Lot

4.80 miles

Scholars Lot

4.84 miles

ECEC Lot

4.88 miles

University Lot

4.98 miles

Calaveras Lot

5.06 miles

Terrace Lot

5.08 miles

Muir Lot

5.18 miles

Library Lot 2

5.23 miles

Library Lot 1

5.25 miles

Walmart

0.19 miles

FoodMaxx

0.36 miles

Food 4 Less

0.57 miles

Merced Mall

0.84 miles

Grocery Outlet

0.84 miles

Target

0.85 miles

JCPenney

0.88 miles

Cardenas

0.93 miles

Kohl's

0.94 miles

Nadrich Accident Injury Lawyers

0.95 miles

Listing Summary

  • Retail Space Costs at 1764 W Olive Ave

    The asking rent for retail space in this property starts at $12.00/SF/YR.

  • Retail Space Available

    The property exclusively contains Power Center space totaling 31,180 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • 1764 W Olive Ave includes 1 large retail space of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations.
Contact Robert Michil
broker
Robert Michil

Elevate Net Lease

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