Two-Tenant Retail
For Sale
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3640 River Rd N, Keizer, OR 97303
Fully occupied retail asset with two national tenants and an adjacent leased cell tower.
Property Size6,403 SF
Days on Market143
Property Features for 3640 River Rd N
General Information
Standard status
Active
Size
6,403 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Anchor Co-Tenants
Bricks & Minifigs, Tan Republic
Traffic Count
29,439 vehicles/day
Building Details
Year Built
2000
Buildings
1
Tenancy
Multi
Listing Agency:
Kidder Mathews Seattle
(206) 296-9600
Listed By:
David Gellner · License #WA 112893
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 5:30PM
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 Kidder Mathews Seattle
Investment Insights
Based on property information with market context.
This 6,403-square-foot retail center contains two tenant spaces and was built in 2000. The building is fully occupied by Bricks & Minifigs and Tan Republic, providing an established operating configuration. An adjacent parcel includes a leased cell tower, adding a separate property component to the offering.
The property fronts River Rd N in Keizer, identified as a primary thoroughfare with reported daily traffic of 29,439 vehicles. Bricks & Minifigs renewed its lease for 5 years in 2021, while Tan Republic completed a 5-year extension in 2022. The cell tower agreement was extended in 2022 for an additional 40-years, with CPI increases every five years and a scheduled rental increase beginning March 1, 2025.
The property fronts River Rd N in Keizer, identified as a primary thoroughfare with reported daily traffic of 29,439 vehicles. Bricks & Minifigs renewed its lease for 5 years in 2021, while Tan Republic completed a 5-year extension in 2022. The cell tower agreement was extended in 2022 for an additional 40-years, with CPI increases every five years and a scheduled rental increase beginning March 1, 2025.
Key Highlights
- 6,403‑square‑foot retail center built in 2000
- 100% occupied by Bricks & Minifigs and Tan Republic
- Two established national retail tenants
Property Analytics
Property Profile
Current Use
Lease Details
29,439 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97303, OR
41,441
Population
15,740
Households
2.6
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
24.9 sq mi
ZIP Area
1,664
Density / Sq Mi
$81,057
Median Household Income
$45,034
Median Earnings
$1,361
Median Rent
$396,700
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?
Shopping center - Fully occupied retail asset with two national tenants and an adjacent leased cell tower.
Where is this shopping center located?
The property is located at 3640 River Rd N Keizer, OR.
What are key features of this property?
This property features: 6,403‑square‑foot retail center built in 2000; 100% occupied by Bricks & Minifigs and Tan Republic; Two established national retail tenants
