Property profile

445-495 Weldwood Dr Lebanon, OR 97355

OFF-MARKET
Retail properties & Spaces
9,600 SF Built 2012
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Property summary

AI-generated overview

This exceptional retail or restaurant opportunity is located within a thriving Walmart-anchored center in Linn County, built in 2012. The property boasts a total of 9,600 square feet, with 1,094 square feet currently available for lease. This single-story building sits on a 0.81-acre lot and is zoned CR. The available space is a grey shell, offering significant flexibility for tenant improvements to suit a variety of uses. The property enjoys excellent traffic counts due to its prime location within a successful retail center. Current co-tenants include well-established businesses such as T-Mobile, GameStop, Spin City Laundromat, and Shaggy's Den, creating a strong and diverse tenant mix. The lease rate is competitive, ranging from $24 to $26 per square foot per year, depending on the tenant's specific needs and the extent of tenant improvements required. Estimated annual net, net, net (NNN) expenses are $7.47 per square foot. The property's APN is 0932886. This is an ideal opportunity for businesses seeking high visibility and a strong location within a well-established retail environment. The landlord is highly motivated to work with prospective tenants to ensure a successful partnership.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2012
Total area 9,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

445-495 Weldwood Dr Lebanon, OR 97355
Lebanon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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