Neighborhood Shopping
For Sale
Contact for pricing
5001-5099 River Road N, Keizer, OR 97303
Neighborhood shopping center anchored by Cascade Farm and Outdoor, with a newly constructed retail pad building.
Property Size94,000 SF
Days on Market122
Property Features for 5001-5099 River Road N
General Information
Standard status
Active
Size
94,000 SF
Property subtype
Retail
Occupancy
97%
Building Details
Tenancy
Multi
Listing Agency:
Northmarq - Seattle
Listed By:
Sean Tufts · License #WA 74057
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 4:27AM
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 - Seattle
Investment Insights
Based on property information with market context.
Schoolhouse Square is a neighborhood shopping center that is reported as 97% occupied and anchored by a new 20-year lease with Cascade Farm and Outdoor, a wholly owned brand of Bi-Mart. The 94,000-square-foot center includes a newly constructed retail pad building along River Road in Keizer, Oregon. The property has undergone significant capital improvements and leasing activity over the past two years, supporting stabilization.
The center is located along River Road and is described as benefiting from a dense neighborhood demographic and a major commercial corridor with very limited vacancy.
For sale as a retail shopping center, Schoolhouse Square is positioned as a stabilized, income-oriented asset with an anchor tenant under a long-term lease and recent redevelopment elements including the newly constructed retail pad building.
The center is located along River Road and is described as benefiting from a dense neighborhood demographic and a major commercial corridor with very limited vacancy.
For sale as a retail shopping center, Schoolhouse Square is positioned as a stabilized, income-oriented asset with an anchor tenant under a long-term lease and recent redevelopment elements including the newly constructed retail pad building.
Key Highlights
- 97% occupied neighborhood shopping center
- 94,000 SF shopping center anchored by Cascade Farm and Outdoor
- Anchored by a new 20‑year lease with Cascade Farm and Outdoor
Property Analytics
Current Use
Lease Details
97%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
777
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
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Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood shopping center anchored by Cascade Farm and Outdoor, with a newly constructed retail pad building.
Where is this shopping center located?
The property is located at 5001-5099 River Road N Keizer, OR.
What are key features of this property?
This property features: 97% occupied neighborhood shopping center; 94,000 SF shopping center anchored by Cascade Farm and Outdoor; Anchored by a new 20‑year lease with Cascade Farm and Outdoor
