609 Clay St Monmouth, OR 97361
- Lifestyle centers
- 3,662 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 609 Clay St
- Property size
- 3,662 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional retail property, located at 609 Clay St E in Monmouth, Oregon, presents a prime investment opportunity. Situated on a 0.48-acre lot in Polk County, this shopping center boasts a total of 3,662 square feet across two suites. Currently, one suite, measuring 1,170 square feet, is available for lease. This space is ideally located on the corner of Clay Street and Pacific Highway, a high-traffic thoroughfare connecting Salem and Corvallis. Its strategic position ensures excellent visibility and accessibility for businesses. The property benefits from its proximity to Western Oregon University (WOU), as well as the nearby towns of Independence and Dallas, further expanding its potential customer base. The suite previously housed a pizza restaurant and includes a new pizza hood, offering a turnkey solution for a similar business or adaptable space for other retail ventures. The lease is a Net, Net, Net (NNN) agreement with a monthly rate of $0.93 per square foot. This property is an excellent choice for businesses seeking a well-established location in a thriving community.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monmouth
- County
- Polk
- State
- Oregon
- Longitude
- -123.229
- Latitude
- 44.8471
