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    99W And Edy Rd Sherwood, OR 97140

    For Lease
    Contact for pricing

    Sherwood, OR retail center; spaces available.

    Lot size:
    59,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Cedar Creek Plaza, a thriving retail center in Sherwood, Oregon, offers exceptional opportunities for businesses seeking high-visibility locations. This 59,000 square foot property, situated at a major signalized intersection on Pacific Hwy 99W, boasts excellent accessibility and visibility. The center comprises two buildings, with a total of 601 shared parking spaces, and 95 additional spaces planned for the Phase 2 building. Currently, 13,300 square feet of space is available, divisible into units as small as 5,800 square feet, with a maximum contiguous space of 7,500 square feet. The property benefits from a strong daytime workforce and affluent residential population, making it an ideal location for a variety of retail businesses. Cedar Creek Plaza enjoys excellent co-tenancy with established brands such as Planet Fitness, IHOP, Starbucks, and many more. The area also features a wealth of nearby retailers including Safeway, Walgreens, Kohl's, and Target, ensuring high foot traffic and consumer visibility. Phase 2 of the development, currently under construction, will add retail, medical, and office space, further enhancing the center's appeal and projected completion is Summer 2025. This prime location in one of Oregon's fastest-growing cities, situated within the renowned Willamette Valley wine region, presents a unique investment opportunity.

    Property Features for 99W And Edy Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    59,000 SF

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    Phase 2 Building 1
    Size
    7,500 SF
    Space
    Phase 2 Building 2
    Size
    5,800 SF

    HighLights

    • 59,000 SF retail strip center in Sherwood, OR, with two buildings.
    • High‑traffic location at a major intersection with excellent visibility from Hwy 99W.
    • Strong demographics featuring affluent residents and robust daytime employment.
    • Excellent co‑tenancy including Planet Fitness, IHOP, Starbucks, and other national and regional retailers.
    • Located near additional major retailers such as Safeway, Walgreens, Target, and Walmart.
    • Phase 2 building (opening Summer 2025) offers 13,300 SF of retail, medical, and office space; 601 shared parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Sherwood
    County
    Washington
    State
    Oregon
    Longitude
    -122.8483282
    Latitude
    45.3664597

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    FAQs

    What type of property is this?
    Neighborhood center - Sherwood, OR retail center; spaces available.
    Where is this neighborhood center located?
    The property is located at 99W And Edy Rd Sherwood, OR.
    What are key features of this property?
    This property features: 59,000 SF retail strip center in Sherwood, OR, with two buildings.; High-traffic location at a major intersection with excellent visibility from Hwy 99W.; Strong demographics featuring affluent residents and robust daytime employment.
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    99W And Edy Rd Sherwood, OR 97140
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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
    99W And Edy Rd Sherwood, OR 97140
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