Clearlake Town Center
Status
Site plan and engineering maps are established, and targeted leasing and acquisition outreach are actively underway.
Project Type
Master-Planned Regional Commercial, Retail, Lifestyle, Hotel, and Shopping Center
Project Area
Multi-acre regional layout accommodating large-format anchors.
Location
Corner of Highway 53, Dam Road, and 18th Avenue, Clearlake, CA 95422.
Project Overview
Developed in partnership with Margetich Real Estate & Development, Sutter Equities, and the City of Clearlake, Clearlake Marketplace is a premier, master-planned commercial and lifestyle regional destination. The development is strategically designed to establish a vibrant mix of hospitality, dining, grocery, medical, and anchor retail spaces to serve a rapidly growing consumer base.
Location & Connectivity
- High-Traffic Highway Corner Uniquely positioned at the primary commercial intersection of Highway 53, Dam Road, and 18th Avenue
- Heavy Traffic Volumes Fronting directly on Highway 53, commanding a massive traffic count of 18,000 Vehicles Per Day (VPD) directly at the site intersection.
- Strategic Interior Network Supported by immediate access points along Old Highway 53, Dam Road Extension, Vallejo Street, and Victor Street.
- Core Commercial Hub Situated directly adjacent to major national anchors including a high-volume Walmart, Big 5 Sporting Goods, Tractor Supply Co., and Adventist Health.
Property Features
address
Corner of Highway 53, Dam Road, and 18th Avenue, Clearlake, CA 95422
- Premier Hospitality Anchor Site layout incorporates a dedicated parcel for a premium Fairfield Inn by Marriott to anchor regional business and tourism travel.
- Massive Sales Leakage Capture Formulated to capture part of an identified +$764 Million overall regional sales leakage market gap.
- Focused Retail Categories Layout specifically optimized to attract high-demand growth sectors: General Merchandise, Restaurants, Groceries, and Clothing brands.
- High-Growth Demographics Built to serve a trade area boasting a population of 61,394, a daytime population of 55,872, and an impressive double-digit growth rate of 10.67%.