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Lake Oswego Retail Opportunity
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300-380 1st St, Lake Oswego, OR

Upscale retail, restaurant, and commercial space in Lake Oswego.

Space Size2,324 SF
Lot Size2.45 Acres
Days on Market1162

Property Features for 300-380 1st St

General Information

Standard status Active
Size 2,324 SF
Lot size 2.45 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 300-380 1st St
340 1st St $38/SF/Yr
Floor 1
Size 2,324 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Class “A” redevelopment of the Wizer’s Shopping Center includes upscale retail, restaurant, and commercial professional service/office space with luxury market rate apartments and underground parking for retail, commercial, and residential. - Highly visible site in the heart of downtown Lake Oswego. - Across the street from Lake View Village, a specialty retail center tenanted by Chico’s, Grapevine, Five Spice, Kassab Jewelers, and other high-profile merchants. - Adjacent to Millennium Plaza Park, where the popular Lake Oswego Farmers’ Market is held. - Join Salt & Straw Ice Cream, Bamboo Sushi, Chuckie Pies, Adorn, StarCycle, Richard Henry, Domaine Serene, Stretch Lab, Drawn 2 Art Studios, Blue Star Donuts, biography, Breakside Brewery, Citrus Salon, Golden, Mad Sass Soap (now open!) and more!
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Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Kathleen Healy · License #200308123
Source: Moodyscre
Added: Aug 16, 2023 Changed: Oct 1 Last Checked: Oct 19 at 8:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty Advisors Northwest LLC

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Investment Insights

Based on property information with market context.

This Class A redevelopment project, formerly the Wizer’s Shopping Center, offers retail, restaurant, and commercial professional service/office spaces. The site is highly visible in downtown Lake Oswego, across the street from Lake View Village, which is tenanted by Chico’s, Grapevine, Five Spice, Kassab Jewelers, and other high-profile merchants. It is adjacent to Millennium Plaza Park, the location of the Lake Oswego Farmers’ Market. Current tenants include Salt & Straw Ice Cream, Bamboo Sushi, Chuckie Pies, Adorn, StarCycle, Richard Henry, Domaine Serene, Stretch Lab, Drawn 2 Art Studios, Blue Star Donuts, biography, Breakside Brewery, Citrus Salon, Golden, and Mad Sass Soap. The property also features luxury market-rate apartments and underground parking for retail, commercial, and residential use. One available space offers 2,324 square feet of space.

Key Highlights

  • Class "A" redevelopment with upscale retail, restaurant, commercial space, luxury apartments, and underground parking.
  • Highly visible site in the heart of downtown Lake Oswego.
  • Located across the street from Lake View Village, featuring high‑profile merchants.

Property Analytics

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Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Carpet & Flooring Store Catering Service Computer & Electronic Repair Plumbing Service

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

Lease Details

NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,512
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Shops & Services 32% Dining 17% Home Improvements & Furnishings 6%
Safeway Groceries
28,396 visits/mo 0.2 miles
Whole Foods Market Groceries
21,945 visits/mo 0.3 miles
Starbucks Dining
11,054 visits/mo 0.2 miles
Salt & Straw Dining
8,999 visits/mo 0.0 miles
Lake Oswego Ace Hardware Home Improvements & Furnishings
7,876 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Oswego Village Shopping Center — 101 S State St, Lake Oswego, OR 97034
  • Lake Place — 333 S State St, Lake Oswego, OR 97034
  • A Street Station — 220 A Ave, Lake Oswego, OR 97034

Frequently Asked Questions

What type of property is this?
Shopping center - Upscale retail, restaurant, and commercial space in Lake Oswego.
Where is this shopping center located?
The property is located at 300-380 1st St Lake Oswego, OR.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Class "A" redevelopment with upscale retail, restaurant, commercial space, luxury apartments, and underground parking.; Highly visible site in the heart of downtown Lake Oswego.; Located across the street from Lake View Village, featuring high‑profile merchants.
(503) 880-3033 Call to check price and availability
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