Retail    

Former Rite Aid

 North Bend, OR

Asking Price

$2,500,000

Price Per SF

$154.21 / SF

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Below Replacement Costs

Less than $155 / SF

drive-thru-NEW-1

Easily Accessible

Drive-Thru

GLA-1

Leasable Area

16,212 SF

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Land Area

1.48 AC

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Year Built

1996

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Below Replacement Costs - The Subject Property is priced at 50% of replacement cost at less than $155 per square foot.
  • Drive-Thru - The site is equipped with abundant on site parking with a drive-thru.
  • Strong Retail and Services Area - The Property is near Pony Village Mall, a Safeway grocery-anchored center with tenants including Big 5 Sporting Goods, Ross Dress 4 Less, Harbor Freight, and more. Additionally, it is less than 1.50 miles from Walmart Supercenter, Southwestern Oregon Community College, and Bay Area Hospital.
  • Strong Traffic Location - The Property is situated at one of the busiest intersections in North Bend at the confluence of Broadway Avenue and Virginia Avenue.
  • Multiple Access Points - The site has ease of access with multiple ingress/egress points and high visibility from the street.
  • Airport - The site is situated in close proximity to Southwest Oregon Regional Airport.

Exclusively Listed By

Lance Sasser

Vice President
  lsasser@northmarq.com      503.607.0207
OR Lic. #201209212

Peter Dunn

Vice President
  pdunn@northmarq.com      503.607.0197
OR Lic. #201103077

In Association With
Brock Switzer

Partner, HSM Pacific
brock@hsmpacific.com
503.504.5808

Northmarq

4260 Galewood St
Lake Oswego, OR 97035


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