Multi-Tenant Retail Strip
For Sale
Contact for pricing
Pending
405 NW 3rd St, Prineville, OR 97754
Well-maintained multi-tenant retail strip center with a long-term co-tenant lease.
Property SizeContact for details
Days on Market143
Property Features for 405 NW 3rd St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
NAI Cascade Commercial Real Estate Services, Worldwide
Listed By:
Katy Haines · License #OR 201210462
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 31 at 12:16AM
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 NAI Cascade Commercial Real Estate Services, Worldwide
Investment Insights
Based on property information with market context.
Well-maintained multi-tenant retail strip center located at 405 NW 3rd St in Prineville, Oregon. The property is positioned to support a retail owner-user while retaining built-in income through a long-term co-tenant lease.
Set within Downtown Prineville, the center provides a storefront-focused configuration for multiple tenants. The existing co-tenant lease supports ongoing tenancy alongside any owner-user occupancy within the remaining retail spaces.
For buyers seeking a retail-focused asset with established tenancy and durable operations, this strip center offers a straightforward, owner-user-friendly layout with long-term co-tenant occupancy in place.
Set within Downtown Prineville, the center provides a storefront-focused configuration for multiple tenants. The existing co-tenant lease supports ongoing tenancy alongside any owner-user occupancy within the remaining retail spaces.
For buyers seeking a retail-focused asset with established tenancy and durable operations, this strip center offers a straightforward, owner-user-friendly layout with long-term co-tenant occupancy in place.
Key Highlights
- Well‑maintained multi‑tenant retail strip center in Downtown Prineville
- Multi‑tenant setup suited for a retail owner‑user
- Includes a long‑term co‑tenant lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
78k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 33%
Groceries 15%
Home Improvements & Furnishings 3%
McDonald's
Dining
18,860 visits/mo
0.5 miles
Wagner's IGA
Groceries
11,895 visits/mo
0.4 miles
7-Eleven
Shops & Services
8,446 visits/mo
0.1 miles
Les Schwab Tire Center
Shops & Services
5,270 visits/mo
0.5 miles
76
Shops & Services
4,303 visits/mo
0.5 miles
Demographics for 97754, OR
21,627
Population
9,985
Households
2.2
Avg Household Size
46
Median Age
21%
College-Educated
90%
High-School Grad
1,370.6 sq mi
ZIP Area
16
Density / Sq Mi
$76,698
Median Household Income
$42,395
Median Earnings
$1,224
Median Rent
$397,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Well-maintained multi-tenant retail strip center with a long-term co-tenant lease.
Where is this strip mall located?
The property is located at 405 NW 3rd St Prineville, OR.
What are key features of this property?
This property features: Well‑maintained multi‑tenant retail strip center in Downtown Prineville; Multi‑tenant setup suited for a retail owner‑user; Includes a long‑term co‑tenant lease
