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Neighborhood Shopping Center
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1405 N Pacific Hwy, Cottage Grove, OR 97424

Established retail center anchored by Dollar Tree and Goodwill near Interstate-5 access.

Property SizeContact for details
Days on Market145

Property Features for 1405 N Pacific Hwy

General Information

Standard status Active
Property subtype Retail
Listing Agency: Northmarq
Listed By: Kevin Adatto · License #WA 85667
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 1:08PM

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.

This 98,000-square-foot neighborhood shopping center includes established Dollar Tree and Goodwill locations, with reported occupancy of 40%. Dollar Tree has occupied the property for 17 years, while Goodwill has maintained its location for 25 years. The center also includes available space for additional retail occupancy.

The property is positioned within one-half mile of the primary Interstate-5 ramps in Cottage Grove, Oregon. Its address is 1405 N Pacific Hwy, Cottage Grove, OR 97424. Cottage Grove is designated as an Enterprise Zone, providing tax incentives to qualifying businesses. In-place income is reported at an 8.25% cap rate.

Key Highlights

  • 98,000 square foot neighborhood shopping center
  • 40% occupied with available space for additional retail occupancy
  • Anchored by Dollar Tree and Goodwill

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Electrical Service Locksmith Law Firm Carpet & Flooring Store

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

702
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97424, OR

18,750
Population
7,920
Households
2.4
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
246.2 sq mi
ZIP Area
76
Density / Sq Mi
$71,985
Median Household Income
$36,588
Median Earnings
$1,012
Median Rent
$349,700
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?
Shopping center - Established retail center anchored by Dollar Tree and Goodwill near Interstate-5 access.
Where is this shopping center located?
The property is located at 1405 N Pacific Hwy Cottage Grove, OR.
What are key features of this property?
This property features: 98,000 square foot neighborhood shopping center; 40% occupied with available space for additional retail occupancy; Anchored by Dollar Tree and Goodwill
(503) 998-6572 Call to check price and availability
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