Ground-Level Retail
For Lease
$19.20 SF/Yr Modified Gross
421 Ne 3rd St, McMinnville, OR 97128
Modified gross lease structure includes landlord-paid property taxes and building insurance.
Space Size2,500 SF
Days on Market451
Property Features for 421 Ne 3rd St
General Information
Standard status
Active
Size
2,500 SF
Net Rentable
2,500 SF
Lease Type
Modified Gross
Space & Availability
Available Space
2,500 SF
Contiguous Space
2,500 SF
Floor
Ground
Space Use
Retail
Lease Terms
Lease Rate
$1.60 /USD/SF/MO
Monthly Rent
$4,000
Rent per SF/Year
$19.20
Listing Agency:
Miller Consulting Group, LLC
(971) 241-3847
Listed By:
Michael Morris · License #1012481
(971) 241-3847
Source:
Exprealty
Added: Jun 8, 2025
Changed: Aug 31
Last Checked: Aug 31 at 7:43PM
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 Miller Consulting Group, LLC
Investment Insights
Based on property information with market context.
This 2,500-square-foot retail space occupies the ground level at 421 NE 3rd St in downtown McMinnville. The storefront is positioned among neighboring retailers and is available for occupancy in the middle to latter part of summer.
The property is offered under a modified gross lease. The landlord covers real property taxes and building insurance, while the tenant handles business insurance, utilities, garbage service, and internet. The space provides a straightforward downtown retail setting within an established commercial block.
The property is offered under a modified gross lease. The landlord covers real property taxes and building insurance, while the tenant handles business insurance, utilities, garbage service, and internet. The space provides a straightforward downtown retail setting within an established commercial block.
Key Highlights
- 2,500 SF ground‑level retail space
- Located at 421 NE 3rd St in downtown McMinnville
- Positioned among neighboring downtown retailers
Property Analytics
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,508
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
Dutch Bros. Coffee
Dining
14,937 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,815 visits/mo
0.2 miles
Umpqua Bank
Shops & Services
2,000 visits/mo
0.3 miles
Carquest Auto Parts
Shops & Services
806 visits/mo
0.4 miles
Demographics for 97128, OR
38,394
Population
15,291
Households
2.5
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
112.2 sq mi
ZIP Area
342
Density / Sq Mi
$72,055
Median Household Income
$37,427
Median Earnings
$1,295
Median Rent
$419,200
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 - Modified gross lease structure includes landlord-paid property taxes and building insurance.
Where is this retail space located?
The property is located at 421 Ne 3rd St McMinnville, OR.
What is the lease rate?
The lease rate is $19.20 SF/Yr.
What are key features of this property?
This property features: 2,500 SF ground‑level retail space; Located at 421 NE 3rd St in downtown McMinnville; Positioned among neighboring downtown retailers
