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Grocery-Anchored Shopping Center
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3109 May Ln, La Grande, OR 97850

Retail property combines an established grocery anchor, healthcare tenancy, and additional development land.

Property Size27,618 SF
Price / SF$186.83
Days on Market6

Property Features for 3109 May Ln

General Information

Standard status Active
Size 27,618 SF
Property subtype RETAIL

Site & Location

Anchor Co-Tenants Grocery Outlet Bargain Market, Grande Ronde Hospital
Traffic Count 22,000 vehicles/day
Road Access Yes

Building Details

Tenancy Multi
Parking Ratio 6 per 1,000 SF
Listing Agency: Northmarq | Lake Oswego
Listed By: Mickey Salzman · License #960500191
Source: Moodyscre
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 9 at 9:11AM

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 | Lake Oswego

Investment Insights

Based on property information with market context.

This 27,618-square-foot shopping center at 3109 May Ln in La Grande, Oregon, includes Grocery Outlet Bargain Market as its anchor tenant and Grande Ronde Hospital as an additional tenant. The Grocery Outlet lease extends through May 2033, providing a defined term for the primary occupancy.

The property benefits from dual frontage on Island Avenue and Walton Road, with reported exposure to more than 22,000 vehicles per day. An on-site parking ratio of approximately 6 stalls per 1,000 SF supports the center’s retail configuration. The offering also includes ±1.77 acres of developable IC-C1-zoned land directly north of the grocery store, with Island Avenue frontage and reported exposure of ±13,000 VPD.

Key Highlights

  • 27,618 SF shopping center anchored by Grocery Outlet Bargain Market
  • Grocery Outlet lease extends through May 2033
  • Grande Ronde Hospital provides additional healthcare‑system tenancy

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Bakery Skin Care Clinic

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

22,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

299
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97850, OR

17,197
Population
7,501
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
94%
High-School Grad
320.2 sq mi
ZIP Area
54
Density / Sq Mi
$62,411
Median Household Income
$34,164
Median Earnings
$973
Median Rent
$264,700
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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Similar Off Market Nearby

  • Grande Ronde Plaza 2212 Island Ave, La Grande, OR 97850

Frequently Asked Questions

What type of property is this?
Shopping center - Retail property combines an established grocery anchor, healthcare tenancy, and additional development land.
Where is this shopping center located?
The property is located at 3109 May Ln La Grande, OR.
What is the asking price?
The asking price for this property is $5,160,000.
What are key features of this property?
This property features: 27,618 SF shopping center anchored by Grocery Outlet Bargain Market; Grocery Outlet lease extends through May 2033; Grande Ronde Hospital provides additional healthcare‑system tenancy
(503) 887-1233 Call to check price and availability
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