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    1555 53Rd St Corvallis, OR 97333

    Sponsored
    For Lease
    Contact for pricing

    Prime Corvallis retail space available. Multiple suites.

    Lot size:
    164,769 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Sunset Shopping Center, located at 1555 SW 53rd St, Corvallis, Oregon 97333, presents a compelling retail investment opportunity in Benton County. This established shopping center offers a total of 164,769 square feet of retail space, currently comprised of two suites. There are 3,627 square feet of immediately available space, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,127 square feet. The property's strategic location in Corvallis provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The center's existing infrastructure and established presence within the community offer a turnkey solution for prospective tenants. This is an exceptional opportunity to establish or expand a retail presence in a high-traffic area of Corvallis, Oregon. The property is categorized as commercial retail with multiple tenancies. Interested parties are encouraged to inquire about lease terms and availability for the vacant space. The property's latitude and longitude coordinates are 44.5499841 and -123.3110361 respectively.

    Property Features for 1555 53Rd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    164,769 SF

    Unit(s) available at that property

    Space
    Suite 5262
    Size
    2,127 SF
    Space
    Suite 5274
    Size
    1,500 SF

    HighLights

    • Safeway and Bi‑Mart anchored neighborhood shopping center.
    • Strong national tenant lineup including Dollar Tree, Burger King, Subway, Starbucks, Tea 4 U, and Edward Jones.
    • High‑traffic location on Highway 20, three minutes from Oregon State University (33,193+ students).
    • Densely populated trade area (49,600+ residents within three miles) with high average household income ($83,900+).
    • High visibility on Philomath Blvd (15,400+ vehicles per day), two pad sites available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walgreens Pharmacy Pharmacy Thayne Vickstrom Pharmacy Steven Forester Pharmacy Bi-Mart Pharmacy Pharmacy Bi-Mart Membership Discount ... Discount Store

    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
    -123.3110361
    Latitude
    44.5499841

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    FAQs

    What type of property is this?
    Retail property - Prime Corvallis retail space available. Multiple suites.
    Where is this retail property located?
    The property is located at 1555 53Rd St Corvallis, OR.
    What are key features of this property?
    This property features: Safeway and Bi-Mart anchored neighborhood shopping center.; Strong national tenant lineup including Dollar Tree, Burger King, Subway, Starbucks, Tea 4 U, and Edward Jones.; High-traffic location on Highway 20, three minutes from Oregon State University (33,193+ students).
    Request Owner's contact information
    1555 53Rd St Corvallis, OR 97333
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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
    1555 53Rd St Corvallis, OR 97333
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