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North Albany Village Shopping Center
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621 NW Hickory St, Albany, OR 97321

Grocery-anchored retail center with an established IGA Supermarket tenant.

Property SizeContact for details
Days on Market144

Property Features for 621 NW Hickory St

General Information

Standard status Active
Property subtype Retail
Occupancy 88%

Additional Details

Anchor Co-Tenants IGA Supermarket

Building Details

Tenancy Multi
Listing Agency: Northmarq
Listed By: Kevin Adatto · License #WA 85667
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 11:38PM

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

Investment Insights

Based on property information with market context.

North Albany Village is a grocery-anchored shopping center with 88% occupancy and IGA Supermarket as its anchor tenant. The center is located at 621 NW Hickory St in Albany, Oregon, and is configured across multiple parcels.

IGA Supermarket is identified as the only grocery store in North Albany, giving the property an established grocery component within its local trade area. The center also draws customers from East Albany and residents living north along I-5, extending its reach beyond North Albany itself.

Key Highlights

  • 88% occupied grocery‑anchored shopping center
  • IGA Supermarket is the only grocery store in North Albany
  • Multiple parcels provide a flexible ownership configuration

Property Analytics

Current Use

Central Willamette Credit ... Credit Union ACE Hardware Home Decor Store North Albany IGA Specialty Food Shop MEDICAP PHARMACY Pharmacy North Albany Supermarket Building Supply

Suggested Use

Top Pick Auto Repair Shop Pharmacy Kitchen & Bath Showroom Auto Parts Store HVAC Service Dental Office

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

88%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby
27k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Dining 44%
Chevron Shops & Services
9,926 visits/mo 0.1 miles
Starbucks Dining
8,484 visits/mo 0.0 miles
Jacksons Shops & Services
4,215 visits/mo 0.1 miles
Momiji Dining
3,420 visits/mo 0.1 miles
FedEx Office Print & Ship Center Shops & Services
1,001 visits/mo 0.1 miles

Demographics for 97321, OR

30,291
Population
11,790
Households
2.6
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
69.1 sq mi
ZIP Area
438
Density / Sq Mi
$95,687
Median Household Income
$45,963
Median Earnings
$1,264
Median Rent
$442,400
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

  • Jack Haines Periwinkle Plaza Albany, OR 97322
  • The JCPenney building 317 W 1st Ave Suite 101, Albany, OR 97321
  • Coinstar 621 NW Hickory St, Albany, OR 97321

Frequently Asked Questions

What type of property is this?
Shopping center - Grocery-anchored retail center with an established IGA Supermarket tenant.
Where is this shopping center located?
The property is located at 621 NW Hickory St Albany, OR.
What are key features of this property?
This property features: 88% occupied grocery‑anchored shopping center; IGA Supermarket is the only grocery store in North Albany; Multiple parcels provide a flexible ownership configuration
(503) 998-6572 Call to check price and availability
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