Listing Agency: Pacific Crest RE Advisors p***@pacificcrestrea.com Show Phone

Listed By: Philip Higgins · License #960900059 Show Phone

Source: Exprealty

Added: Apr 7, 2025 Changed: Aug 11 Last Checked: Aug 20 at 10:36AM

Report an Issue

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 Pacific Crest RE Advisors

Investment Insights

Based on property information with market context.

This new construction project offers a light industrial opportunity within Newberg’s Enterprise Zone. The property features two 8,120 square foot metal-clad buildings designed for efficiency and flexibility. The buildings have a 24-foot clear height and are delivered in shell condition, ready for tenant-specific improvements. Located in Newberg’s Enterprise Zone, the location offers business-friendly incentives, strong infrastructure, and excellent accessibility for industrial users. The landlord is open to discussions around tenant power needs, office configurations, and other customization. It is ideal for businesses looking to occupy one or both buildings. The lot size is 0.9433 acres, equivalent to 41,090 square feet. The zoning is M-2.

Key Highlights

• Located in Newberg's Enterprise Zone offering business‑friendly incentives.
• New construction: Modern, metal‑clad buildings with 24’ clear height.
• Flexible buildout options: Landlord open to customization for power and office configurations.

Property Analytics

Property Profile

Current Use

Specialty properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Law Firm Storage Facility

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

Location Intelligence

Trade Area within ½ mile

939

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this specialty properties located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Second-Generation Restaurant Space

2316 E Portland Rd, Newberg, OR 97132

$21 SF/Yr

3,000 sqft

View details

Professional Office/Medical Space Available

700 Deborah Rd, Newberg, OR 97132

$32 SF/Yr

19,628 sqft

View details

Historic Restaurant With Full Bar

811 East 1st Street, Newberg, OR 97132

Contact for pricing

View details

Retail Space in Fred Meyer Center

3300 Portland Road, Newberg, OR 97132

Contact for pricing

143,176 sqft

View details

Retail Space on Highway 99

2510 Portland Rd, Newberg, OR

Contact for pricing

1,000 sqft

View details

Office/Medical Space Available

700 Deborah Rd, Newberg, OR 97132

Contact for pricing

1,637 sqft

View details

Frequently Asked Questions

What type of property is this?

Specialty property - New construction light industrial buildings in Newberg's Enterprise Zone.

Where is this specialty property located?

The property is located at 2500 E Hancock St Newberg, OR.

What are key features of this property?

This property features: Located in Newberg's Enterprise Zone offering business‑friendly incentives.; New construction: Modern, metal‑clad buildings with **24’ clear height.**; Flexible buildout options: Landlord open to customization for power and office configurations.