Grocery-Anchored Shopping
For Sale
Contact for pricing
821 S Main St, Myrtle Creek, OR 97457
Grocery-anchored shopping center with a reported 8.22% in-place cap rate and recent HVAC, roof, and exterior upgrades.
Property Size67,036 SF
Price / SF$80.55
Days on Market91
Property Features for 821 S Main St
General Information
Standard status
Active
Size
67,036 SF
Property subtype
RETAIL
Additional Details
Cap Rate
8.22%
Anchor Co-Tenants
Ray's Food Place
Building Details
Tenancy
Multi
Listing Agency:
Capacity Commercial Group
(503) 747-9586
Listed By:
Ashton Summers · License #201217697
(503) 747-9586
Source:
Moodyscre
Added: May 22
Changed: Jul 30
Last Checked: Jul 30 at 2:46AM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
Grocery-anchored shopping center in Myrtle Creek, OR, anchored by Ray’s Food Place, operating since 1984. The property comprises 67,036 SF and is presented with a reported 8.22% in-place cap rate.
Recent upgrades include HVAC, roof, and exterior improvements. The tenancy footprint is described as market-dominant, with only two grocers within 5 miles.
With the grocery anchor providing the core retail draw, the property offers a focused platform for day-to-day convenience retail needs within the surrounding trade area.
Recent upgrades include HVAC, roof, and exterior improvements. The tenancy footprint is described as market-dominant, with only two grocers within 5 miles.
With the grocery anchor providing the core retail draw, the property offers a focused platform for day-to-day convenience retail needs within the surrounding trade area.
Key Highlights
- Ray’s Food Place grocery anchor operating since 1984
- 67,036 SF shopping center
- Reported 8.22% in‑place cap rate
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 70%
Dining 20%
Shops & Services 10%
Ray's Food Place
Groceries
10,782 visits/mo
0.1 miles
Abby's Legendary Pizza
Dining
2,022 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
1,492 visits/mo
0.1 miles
Figaro's Pizza
Dining
711 visits/mo
0.0 miles
SUBWAY
Dining
323 visits/mo
0.0 miles
Demographics for 97457, OR
10,363
Population
4,688
Households
2.2
Avg Household Size
47
Median Age
11%
College-Educated
91%
High-School Grad
164.0 sq mi
ZIP Area
63
Density / Sq Mi
$53,514
Median Household Income
$35,857
Median Earnings
$917
Median Rent
$242,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Ray's Food Place, 909 S Main St, Myrtle Creek, OR 97457
Frequently Asked Questions
What type of property is this?
Shopping center - Grocery-anchored shopping center with a reported 8.22% in-place cap rate and recent HVAC, roof, and exterior upgrades.
Where is this shopping center located?
The property is located at 821 S Main St Myrtle Creek, OR.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Ray’s Food Place grocery anchor operating since 1984; 67,036 SF shopping center; Reported 8.22% in‑place cap rate
