99W And Edy Rd Sherwood, OR 97140
- Neighborhood centers
- 59,000 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 99W And Edy Rd
- Property size
- 59,000 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherwood
- County
- Washington
- State
- Oregon
- Longitude
- -122.848
- Latitude
- 45.3665
