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INVESTMENT HIGHLIGHTS
10-year extension recently exercised by Bi-Mart and 5-year extension exercised by Grocery Outlet.
Strong shop tenant leasing activity with 6 tenants recently extending their leases.
Brand new build-to-suit Oregon Community Credit Union pad located on its own parcel with a 10-year lease and grand opening to occur in June 2024.
High-quality and complementary co-tenancy with anchors Bi-Mart, Grocery Outlet, and Dollar Tree which drive significant traffic to the center for their sought-after discount business models.
Strong historical tenancy with roughly 68% of the GLA having occupied the premises for over 10 years.
Rental upside opportunity in existing under-market leases and upon lease-up of remaining vacancy.
Close proximity and access to I-5, the main connector to California and Washington.
Tight box retail market with only one available space 10K+ SF.
