You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Outlet malls

1555 SW 53Rd St Corvallis, OR 97333

37,500 SF 2.03 ac lot Built 1998
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US71-0415429
Property summary
AI-generated overview

Sunset Shopping Center, located at 1555 SW 53rd St, Corvallis, Oregon 97333, presents a compelling retail investment opportunity in Benton County. This established shopping center offers a total of 164,769 square feet of retail space, currently comprised of two suites. There are 3,627 square feet of immediately available space, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,127 square feet. The property's strategic location in Corvallis provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The center's existing infrastructure and established presence within the community offer a turnkey solution for prospective tenants. This is an exceptional opportunity to establish or expand a retail presence in a high-traffic area of Corvallis, Oregon. The property is categorized as commercial retail with multiple tenancies. Interested parties are encouraged to inquire about lease terms and availability for the vacant space. The property's latitude and longitude coordinates are 44.5499841 and -123.3110361 respectively.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1998
Total area 37,500 SF
Lot 2.03 ac (88,427 SF)
Zoning code PD(CMU-2)
APN 12504CC02901
UPID US71-0415429
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Walgreens Pharmacy Pharmacy
  • Thayne Vickstrom Pharmacy
  • Steven Forester Pharmacy
  • Bi-Mart Pharmacy Pharmacy
  • Bi-Mart Membership Discount Stores Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sunset Center Station LLC · 13 yrs held
Sunset Center Station LLC
since 2013
7 recorded transactions
2020
Price N/A
2017
Price N/A
2013
$24.9M
2007
Price N/A
2005
$22.8M
2005
Price N/A
2004
Price N/A
Zoning & alternative use
PD(CMU-2) · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message