NNN Property Across From
For Sale
Contact for pricing
Pending
2344 NW Canal Blvd, Redmond, OR 97756
Retail investment property leased to Tractor Supply Co. with a newly executed long-term lease and extension options.
Property SizeContact for details
Days on Market131
Property Features for 2344 NW Canal Blvd
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Kate Gryboski
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 9:40PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This retail investment property is occupied by Tractor Supply Co. under a newly executed 15-year lease with options to extend. The lease provides 5% scheduled rental increases during the initial term and at the start of each option period. The fee simple ownership includes the land and building, while landlord obligations under the NN structure include the roof, structure, foundation, parking lot, drainage facilities, and exterior utility lines.
The property is located directly across from a Walmart-anchored Supercenter in Redmond, Oregon. Nearby national retailers and restaurants include Petco, Marshalls, Famous Footwear, The Home Depot, Starbucks, Panda Express, Surf Thru Car Wash, and Dutch Bros. The surrounding 5-mile trade area includes more than 45,885 residents and 16,390 employees, with an average household income of $110,171.
The property is located directly across from a Walmart-anchored Supercenter in Redmond, Oregon. Nearby national retailers and restaurants include Petco, Marshalls, Famous Footwear, The Home Depot, Starbucks, Panda Express, Surf Thru Car Wash, and Dutch Bros. The surrounding 5-mile trade area includes more than 45,885 residents and 16,390 employees, with an average household income of $110,171.
Key Highlights
- Tractor Supply Co. occupancy under a newly executed 15‑year lease
- 5% scheduled rental increases during the initial term and option periods
- Fee simple ownership of the land and building
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Explore this area
Business Placement
Demographics for 97756, OR
42,168
Population
18,335
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
92%
High-School Grad
126.3 sq mi
ZIP Area
334
Density / Sq Mi
$84,067
Median Household Income
$41,909
Median Earnings
$1,473
Median Rent
$469,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Retail investment property leased to Tractor Supply Co. with a newly executed long-term lease and extension options.
Where is this nnn property located?
The property is located at 2344 NW Canal Blvd Redmond, OR.
What are key features of this property?
This property features: Tractor Supply Co. occupancy under a newly executed 15‑year lease; 5% scheduled rental increases during the initial term and option periods; Fee simple ownership of the land and building
