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One Everest Center Shopping Center
For Sale
Contact for pricing
Pending

122 N Everest Road, Newberg, OR 97132

The center has community commercial C-2 zoning, paved parking, multiple access points, and a vacant portion.

Property Size31,810 SF
Lot Size2.55 Acres
Days on Market145

Property Features for 122 N Everest Road

General Information

Standard status Pending
Size 31,810 SF
Lot size 2.55 Acres
Property subtype Retail
Zoning C-2

Site & Location

Pylon Signage Yes
Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes

Building Details

Year Built 1963
Year Renovated 1999
Buildings 1
Construction concrete block
Tenancy Multi
Parking Ratio 3.14 per 1,000 SF
Listing Agency: Marcus & Millichap - Portland
Listed By: Will Stone · License #OR 890400169
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Sep 1 at 2:51AM

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 Marcus & Millichap - Portland

Investment Insights

Based on property information with market context.

One Everest Center is a 31,810-square-foot shopping center on 2.55 acres, constructed in 1963 with concrete block materials. A 1999 renovation added interior partitions for 11 separate tenant spaces. The property includes a rear loading dock bay, paved parking, pylon signage, and a vacant area representing about 25% of gross leasable area. Zoning is community commercial, C-2.

Access is provided through five ingress and egress points, including connections from N Everest Road, Sitka Avenue, an adjoining property, and an easement leading to Pacific Highway 99W. The site is positioned between Pacific Highway 99W and Highway 219, with reported traffic volumes of 33,500 VPD and 12,700 VPD, respectively. Bus stations on both highways are located half a block away. The surrounding area includes residential neighborhoods in each direction, and George Fox University is less than a quarter mile away. An adjacent pad site, currently used as a coffee kiosk, is also available.

Key Highlights

  • 31,810 square feet rentable area on a 2.55 acre lot
  • Paved parking includes approximately 86 spaces in front and an additional 15 plus around the side and back
  • 1999 renovation created separate spaces for 11 tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Spa & Massage Center Dental Office

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97132, OR

32,028
Population
12,411
Households
2.6
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
62.6 sq mi
ZIP Area
512
Density / Sq Mi
$95,150
Median Household Income
$46,005
Median Earnings
$1,567
Median Rent
$498,500
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - The center has community commercial C-2 zoning, paved parking, multiple access points, and a vacant portion.
Where is this shopping center located?
The property is located at 122 N Everest Road Newberg, OR.
What are key features of this property?
This property features: 31,810 square feet rentable area on a 2.55 acre lot; Paved parking includes approximately 86 spaces in front and an additional 15 plus around the side and back; 1999 renovation created separate spaces for 11 tenants
(503) 200-2000 Call to check price and availability
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