1636 Idaho AveOntario, OR 97914

For Sale
$8,288,000

High-traffic Oregon retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional retail investment opportunity presents a fully occupied, 45,686 square foot center in Ontario, Oregon, boasting a 6.25% cap rate and a Net Net Net (NNN) lease structure. Anchored by prominent national tenants including Harbor Freight, Marshalls, and T-Mobile, the property enjoys a prime location at 1636 & 1648 E. Idaho Avenue, benefiting from high visibility and traffic counts due to its proximity to the I-84 and Hwy 30 interchange. The property, situated on a lot ranging from 0.53 to 3.53 acres (APN: 20657

Highlights

  • 100% leased, NNN retail investment property.
  • Potential for ±10,000 SF expansion.
  • Stabilized tenancies with renewal options.
  • Professionally managed and well-maintained.
  • Prime location near I-84 and Hwy 30 interchange in Ontario, Oregon.
  • High traffic counts exceeding 21,000 vehicles daily on Hwy 30.

Property Details for 1636 Idaho Ave

Property type
Other retail properties, Retail properties
Square Feet
45,686 SF
Year Renovated
2019
Lot Size (sq. ft)
23,087 SF
Units
6

Location Insight

City
Ontario
County
Malheur
State
Oregon
Latitude
44.024028
Longitude
-116.9415447
1636 Idaho Ave, Ontario, Oregon

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1636 Idaho Ave
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