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Big 5/Work World @ Merced Marketplace 1742-1746 W Olive Ave 28,084 SF 100% Leased Retail Building Merced, CA 95348 $5,539,524 CAD ($197.25 CAD/SF) 6.72% Cap Rate
Investment Highlights
- Committed Tenants and simple management of a well maintained asset
- Merced is the county seat of the fastest growing county in California
- Strong Center with Huge Anchors of Lowes and Wal-Mart adjacent
Executive Summary
Located along W. Olive Avenue with direct access to Highway 99, the asset benefits from consistent regional draw and proximity to national retailers including Lowe’s, Walmart, and Target. The tenancy reflects durable, needs-based retail categories, with Work World additionally generating percentage rent, indicating strong store-level performance.
The offering presents a stabilized cash flow profile with modest rent growth and minimal capital requirements, highlighted by a newly installed roof in 2024.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
- On-Site Security Staff
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Big 5 Sporting Goods began in 1955 when founders opened two California stores selling army surplus items. The company transitioned to sporting goods in the 1960s and expanded across western states. Now operating as a private subsidiary after a 2025 merger, it offers athletic footwear, apparel, and accessories alongside equipment for various sports and outdoor activities. The retailer provides both national brands and private label products through physical locations and e-commerce channels.
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- Retailer
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99,999 SF
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$9.99
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Lorem Ipsum
-
Jan 0000
Work World’s mission statement is to provide quality work apparel and footwear at great value with a wide selection and exceptional service. They are the complete head to toe outfitter for the American worker with clothes that work as hard as you do. They pride ourselves on superior quality as well as superior customer service. Over 26 years they have grown to 23 locations across both California and Nevada. They are dedicated to their customers, and they will continue to offer their customers more ways to reach them both in-store and online.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
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Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
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Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,766,719 CAD | |
| Land Assessment | $1,458,648 CAD | Total Assessment | $5,225,368 CAD |
Property Taxes
Presented by
Oak Creek Enterprises
Big 5/Work World @ Merced Marketplace | 1742-1746 W Olive Ave
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