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Retail Investment Property
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6 West Q Street, Springfield, OR 97477

Retail property offered for sale with a stated 14,820 SF size and 6.00% cap rate.

Property Size14,820 SF
Days on Market121

Property Features for 6 West Q Street

General Information

Standard status Active
Size 14,820 SF
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: Northmarq
Listed By: Kevin Adatto · License #WA 85667
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:56AM

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 Northmarq

Investment Insights

Based on property information with market context.

The offering is a retail property for sale, presented with a stated 14,820 SF size and a 6.00% cap rate in the public remarks.

The property is located at 6 West Q Street in Springfield, Oregon 97477.

Additional details on the building configuration, tenant status, or improvements were not provided in the available information.

Key Highlights

  • Retail property offered for sale
  • Stated size: 14,820 SF
  • Stated 6.00% cap rate

Property Analytics

Current Use

Virginia L. Nelson, ... Pharmacy Walgreens Pharmacy Pharmacy Rebecca Eastwood, RPH Pharmacy Laura A. Hornung, PharmD Pharmacy Beth Stanton, RPH Pharmacy

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Hair Salon Auto Repair Shop

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

629
Businesses Nearby
202k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 45% Shops & Services 33% Dining 20% Beauty & Spa 2%
Fred Meyer Groceries
60,261 visits/mo 0.4 miles
Safeway Groceries
30,444 visits/mo 0.1 miles
Fred Meyer Gas Station Shops & Services
29,064 visits/mo 0.3 miles
Jack in the Box Dining
16,910 visits/mo 0.1 miles
76 Shops & Services
11,525 visits/mo 0.3 miles

Demographics for 97477, OR

37,602
Population
16,572
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
3,032
Density / Sq Mi
$63,574
Median Household Income
$35,645
Median Earnings
$1,176
Median Rent
$345,800
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with a stated 14,820 SF size and 6.00% cap rate.
Where is this retail space located?
The property is located at 6 West Q Street Springfield, OR.
What are key features of this property?
This property features: Retail property offered for sale; Stated size: 14,820 SF; Stated 6.00% cap rate
(503) 998-6572 Call to check price and availability
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