New Retail Space in
For Lease
$40 SF/Yr
1885 North 1st Street, Hermiston, OR 97838
Prime retail space available in Hermiston, Oregon's growing market.
Space Size2,500 SF
Property Size4,800 SF
Days on Market167
Property Features for 1885 North 1st Street
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
4,800 SF
Year Built
2025
Spaces For Lease
at 1885 North 1st Street Contact us- Size
- 2,500 SF
- Type
- Retail-Pad
- Term
- Negotiable
1885 N 1st Street $40/SF/Yr
Listing Agency:
SVN Cascades
(509) 949-0860
Listed By:
Ken Davis
(509) 949-0860
Source:
Svn
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 19 at 5:28AM
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 SVN Cascades
Investment Insights
Based on property information with market context.
This prime retail opportunity is located at 1885 N. 1st Street in Hermiston, Oregon, at the crossroads of Northeast Oregon. The available space is 2,500 square feet in a brand-new, freestanding 4,800-square-foot pad building completed in 2025. The building is prominently situated on the high-visibility corner of North 1st Street and W. Theater Lane. The location is at a fully controlled intersection along a major thoroughfare with heavy traffic flow, ensuring maximum exposure. The space is delivered in grey shell condition, ready for tenant improvements and customization. It accommodates a wide range of permitted uses, including retail, service-oriented businesses, and professional offices. The property is positioned adjacent to the established Hermiston Plaza retail center, featuring Grocery Outlet, Planet Fitness, and Cricket Wireless. It is also directly next door to a thriving Chipotle restaurant. This location offers an ideal opportunity in one of Eastern Oregon’s fastest-growing markets with excellent exposure and a built-in customer draw from neighboring national brands.
Key Highlights
- Prime corner location at the high‑visibility intersection of North 1st Street and W. Theater Lane.
- New construction, completed in 2025.
- Strong co‑tenancy with established national brands including Grocery Outlet, Planet Fitness, and Chipotle.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
144k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 29%
Dining 29%
Shops & Services 22%
Apparel 10%
The Home Depot
Home Improvements & Furnishings
23,747 visits/mo
0.3 miles
Burger King
Dining
13,734 visits/mo
0.2 miles
Panda Express
Dining
13,565 visits/mo
0.4 miles
Grocery Outlet Bargain Market
Groceries
10,621 visits/mo
0.1 miles
Taco Bell
Dining
9,427 visits/mo
0.3 miles
Demographics for 97838, OR
28,387
Population
10,166
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
79%
High-School Grad
202.4 sq mi
ZIP Area
140
Density / Sq Mi
$76,032
Median Household Income
$40,698
Median Earnings
$1,046
Median Rent
$274,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space available in Hermiston, Oregon's growing market.
Where is this retail space located?
The property is located at 1885 North 1st Street Hermiston, OR.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Prime corner location at the high‑visibility intersection of North 1st Street and W. Theater Lane.; New construction, completed in 2025.; Strong co‑tenancy with established national brands including Grocery Outlet, Planet Fitness, and Chipotle.
