Spaces For Lease

at 300 S Union Ave

Retail Space $10.50/SF/Yr

Size 4,100 SF

Type RETAIL

Lease Type NNN

Availability AVAILABLE

Retail space available for lease in Newport, Washington LEASE DETAILS Available Space: ±4,100 SF *Demiseable as small as ±1,500 SF Lease Rate: $10.50 PSF, NNN NNN Expense: $2.00 PSF Lot Size: ±22,216 SF (±0.51 AC) Year Built: 1990 • Newer HVAC System • One 8' x 7' Overhead Door • 10 Parking Stalls • Union Ave Traffic Count: ±4,450 ADT

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Listing Agency: Kiemle Hagood Show Phone

Listed By: Jay Carson · License #84224 Show Phone

Source: Moodyscre

Added: Oct 7, 2024 Changed: Oct 10 Last Checked: Oct 15 at 2:20AM

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Investment Insights

Based on property information with market context.

This retail property at 300 S Union Ave in Newport, Washington, offers approximately 4,100 SF of available space, with the option to divide the premises into areas as small as approximately 1,500 SF. The building dates to 1990 and includes a newer HVAC system, one 8' x 7' overhead door, and 10 parking stalls.

The property occupies an approximately 22,216-SF lot, equivalent to approximately 0.51 acres. Union Avenue carries approximately 4,450 average daily traffic, providing a measurable transportation context for the site. Lease terms are structured on an NNN basis.

Key Highlights

• Approximately 4,100 SF of available retail space
• Space can be divided into areas as small as approximately 1,500 SF
• One 8' x 7' overhead door

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Veterinary Clinic Home Appliance 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

423

Businesses Nearby

76k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 40% Dining 34% Groceries 27%

Safeway Groceries

20,368 visits/mo 0.4 miles

McDonald's Dining

15,618 visits/mo 0.4 miles

Mobil Shops & Services

10,636 visits/mo 0.5 miles

Dollar Tree Shops & Services

9,961 visits/mo 0.4 miles

Burger King Dining

7,839 visits/mo 0.4 miles

Demographics for 99156, WA

8,478

Population

4,981

Households

1.7

Avg Household Size

51

Median Age

21%

College-Educated

95%

High-School Grad

273.2 sq mi

ZIP Area

31

Density / Sq Mi

$59,040

Median Household Income

$39,590

Median Earnings

$788

Median Rent

$303,200

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

Frequently Asked Questions

What type of property is this?

Retail space - NNN lease structure, newer HVAC, and on-site parking support a practical retail configuration.

Where is this retail space located?

The property is located at 300 S Union Ave Newport, WA.

What is the lease rate?

The lease rate is $10.50 SF/Yr.

What are key features of this property?

This property features: Approximately 4,100 SF of available retail space; Space can be divided into areas as small as approximately 1,500 SF; One 8' x 7' overhead door