445-495 Weldwood Dr, Lebanon, OR 97355
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.