For Lease
$18/SF/YR

609 Clay StMonmouth, OR 97361

High-traffic retail space, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • Retail space totaling 3,662 square feet in a Monmouth shopping center.
  • Two suites available, one measuring 1,170 square feet.
  • Located on a 0.48-acre lot at the corner of Clay St. E and Pacific Hwy in Polk County.
  • High-traffic location on a main thoroughfare between Salem and Corvallis, near Western Oregon University.
  • NNN lease at $0.93 per square foot per month.
  • Includes a new pizza hood.

Property Details for 609 Clay St

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
3,662 SF

Unit(s) available at that property

Space
609
Size
1,170 SF
Rate per SF
$18

Location Insight

City
Monmouth
County
Polk
State
Oregon
Latitude
44.847080763817
Longitude
-123.22927290614
609 Clay St, Monmouth, Oregon

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609 Clay St
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