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Retail Space in High-Traffic Location
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609 Clay St E, Monmouth, OR 97361

Retail space in Monmouth's newer shopping center on Clay St.

Space Size1,170 SF
Days on Market2135

Property Features for 609 Clay St E

General Information

Standard status Active
Size 1,170 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 1,170 SF
Year Built 2008
Tenancy Multiple

Spaces For Lease

at 609 Clay St E Contact us

609

Size
1,170 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Mountain West Real Estate
Listed By: Melissa Rodriguez · License #201222077
Source: Crexi
Added: Oct 16, 2020 Changed: Aug 19 Last Checked: Aug 19 at 11:44PM

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 Coldwell Banker Commercial Mountain West Real Estate

Investment Insights

Based on property information with market context.

This retail space is located in a newer shopping center at the corner of Clay Street East and Pacific Highway in Monmouth, Oregon. Situated on a main thoroughfare between Salem and Corvallis, the location benefits from high traffic. The property is close to Western Oregon University (WOU), Independence, and Dallas. Previously occupied by a pizza restaurant, the space includes a new pizza hood. The lease is NNN ($.77 SF/MO) with a lease incentive of $1.00 per square foot for the first year, followed by yearly rate increases.

Key Highlights

  • High‑traffic location on the main thoroughfare between Salem and Corvallis
  • Includes a new pizza hood, suitable for a pizza restaurant
  • Located in a newer shopping center

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Dental Office Skin Care Clinic Pharmacy Daycare Center

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

530
Businesses Nearby
105k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 43%
Bi-Mart Shops & Services
21,840 visits/mo 0.3 miles
Dutch Bros. Coffee Dining
19,195 visits/mo 0.1 miles
Burgerville Dining
18,297 visits/mo 0.1 miles
Circle K Shops & Services
18,093 visits/mo 0.1 miles
Carl's Jr. Dining
14,821 visits/mo 0.1 miles

Demographics for 97361, OR

13,412
Population
4,858
Households
2.8
Avg Household Size
29
Median Age
28%
College-Educated
94%
High-School Grad
132.9 sq mi
ZIP Area
101
Density / Sq Mi
$70,625
Median Household Income
$28,812
Median Earnings
$1,128
Median Rent
$407,100
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in Monmouth's newer shopping center on Clay St.
Where is this retail space located?
The property is located at 609 Clay St E Monmouth, OR.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on the main thoroughfare between Salem and Corvallis; Includes a **new pizza hood, suitable for a pizza restaurant**; Located in a newer shopping center
(503) 566-5718 Call to check price and availability
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