Building Details

Year Built 2007

Units 1

Tenancy Multi

Listing Agency: Northmarq - Seattle Show Phone

Listed By: Sean Tufts · License #WA 74057

Source: Crexi

Added: Apr 10 Changed: Aug 29 Last Checked: Jul 10 at 2:32AM

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Investment Insights

Based on property information with market context.

The Shops at Island City is a shopping center anchored by Grocery Outlet and includes a separate pad building occupied by Little Caesars. The property also contains two undeveloped pads, providing additional site components within the offering.

Located at 11301 Island Ave in Island City, Oregon, the center is supported by a corporate NNN lease with a new 15-year extension. The existing tenant mix combines a grocery anchor with a nationally recognized quick-service restaurant operator.

Key Highlights

• Grocery Outlet serves as the shopping center’s anchor tenant
• Corporate NNN lease includes a new 15‑year extension
• Separate pad building is occupied by Little Caesars

Property Analytics

Current Use

Grocery Outlet Grocery & Convenience Store Dunkin Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Bakery Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

299

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 97850, OR

17,197

Population

7,501

Households

2.3

Avg Household Size

37

Median Age

27%

College-Educated

94%

High-School Grad

320.2 sq mi

ZIP Area

54

Density / Sq Mi

$62,411

Median Household Income

$34,164

Median Earnings

$973

Median Rent

$264,700

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar For Sale Nearby

Multi-Use Flex Building with Offices

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High-Traffic Commercial Property in Island City

11401 Island Ave, Island City, OR 97850

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Similar Off Market Nearby

• Grande Ronde Plaza — 2212 Island Ave, La Grande, OR 97850

Frequently Asked Questions

What type of property is this?

Shopping center - The property includes an occupied pad building alongside two undeveloped commercial pads.

Where is this shopping center located?

The property is located at 11301 ISLAND AVE Island City, OR.

What is the asking price?

The asking price for this property is $5,160,000.

What are key features of this property?

This property features: Grocery Outlet serves as the shopping center’s anchor tenant; Corporate NNN lease includes a new 15‑year extension; Separate pad building is occupied by Little Caesars