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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

14th St & Waverly Dr Albany, OR 97322

6,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at the intersection of 14th St and Waverly Dr in Albany, Oregon (zip code 97322), offers 6,000 square feet of vacant space in a thriving shopping center. The property is situated in Linn County and benefits from high visibility due to its location on Waverly Drive and Santiam Highway, two major Albany thoroughfares. Santiam Highway provides convenient access to Interstate 5, connecting Albany to Corvallis and beyond. The center underwent a complete remodel in 2014 and is currently home to a diverse range of established businesses, including Sportsman's Warehouse, Dollar Tree, Rite-Aid, Aaron's, and Carl's Jr., ensuring a strong tenant mix and high foot traffic. Multiple spaces are available, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 3,500 square feet. This presents a unique opportunity for businesses seeking a prominent location within Albany's bustling retail core, close to Heritage Mall. The property's excellent visibility and established tenant base make it an ideal investment for retailers seeking to establish or expand their presence in this dynamic market. The property is classified as retail, with a subtype of "Others," and is suitable for multiple tenants.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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