Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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