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    2301 Kings Blvd Corvallis, OR 97330

    Sponsored
    For Lease
    $17 SF/Yr

    Prime Corvallis retail center; 8 spaces available.

    Lot size:
    200,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Timberhill Shopping Center, the largest retail center in the Corvallis market, presents a unique investment opportunity. This expansive property boasts 200,566 square feet of retail space, strategically located on the north side of Corvallis. Its prime position offers exceptional visibility and accessibility, situated approximately 3 miles from Oregon State University, 1 mile from NW 9th Street and Highway 99, and directly adjacent to medical and dental buildings along Walnut Boulevard and NW Kings Boulevard. The center features a strong tenant mix, anchored by prominent national retailers including Winco Foods, Petco, Ace Hardware, and Ross Dress for Less, ensuring consistent foot traffic and a vibrant shopping environment. Currently, eight retail spaces are available, ranging in size from 1,120 square feet to 8,533 square feet, providing flexibility for a variety of businesses. The property's multiple tenancy structure offers diverse income streams and potential for long-term growth. This is an exceptional opportunity to acquire a significant stake in a thriving Corvallis retail hub. The property is classified as Retail, Land, and Restaurant, with a commercial storefront and retail subtype in Benton County.

    Property Features for 2301 Kings Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    200,566 SF
    Total Rate
    284135.17

    Unit(s) available at that property

    Space
    Space 2355
    Size
    8,533 SF
    Rate per SF
    $17
    Space
    Space 2483 - Build-to-Suit
    Size
    5,050 SF
    Space
    Space 2578 - Restaurant
    Size
    2,578 SF
    Rate per SF
    $24
    Space
    Space 2467
    Size
    5,057 SF
    Rate per SF
    $17
    Space
    Space 2315
    Size
    1,120 SF
    Rate per SF
    $17
    Space
    Space 2393
    Size
    1,400 SF
    Rate per SF
    $17
    Space
    Space 2401
    Size
    2,440 SF
    Rate per SF
    $17
    Space
    Space 2409
    Size
    5,575 SF
    Rate per SF
    $17

    HighLights

    • Retail, Land, and Restaurant property in Benton County.
    • Multiple tenancies available in a 200,566 square foot retail center.
    • Eight spaces available, ranging from 1,120 to 8,533 square feet.
    • Located in Corvallis, Oregon, near Oregon State University and major roadways.
    • Anchored by Winco Foods, Petco, Ace Hardware, and Ross Dress for Less.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.2734628
    Latitude
    44.5914653

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    FAQs

    What type of property is this?
    Restaurant - Prime Corvallis retail center; 8 spaces available.
    Where is this restaurant located?
    The property is located at 2301 Kings Blvd Corvallis, OR.
    What is the lease rate?
    The lease rate is $0.00-$24 SF/Yr.
    What are key features of this property?
    This property features: Retail, Land, and Restaurant property in Benton County.; Multiple tenancies available in a 200,566 square foot retail center.; Eight spaces available, ranging from 1,120 to 8,533 square feet.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2301 Kings Blvd Corvallis, OR 97330
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