Log In/Sign Up
Your email has been sent.
16784 SW Edy Rd 8,686 SF 100% Leased Retail Building Sherwood, OR 97140 $7,425,044 CAD ($854.83 CAD/SF) 6.25% Cap Rate
Executive Summary
The Shops at Cedar Creek is a 8,563 SF, three-tenant retail asset positioned within Cedar Creek Plaza, a 59,000 SF mixed-use destination at the signalized corner of Pacific Highway 99W and SW Edy Road in Sherwood, Oregon. The property was constructed in 2018 with Phase II of the broader Cedar Creek Plaza delivering in 2025 and now nearly fully leased, reinforcing tenant demand and center vitality. The building is fully occupied by three complementary tenants—Mud Bay (specialty pet anchor),Guardian Veterinary Care (medical), and Didi's Café (daily-needs restaurant)—each operating under NNN lease structures. The blended tenancy provides a rare combination of credit-like specialty
retail, recession-resistant medical, and food service in one stabilized asset. Surrounding co-tenancy at Cedar Creek Plaza includes Providence Medical, Planet Fitness, Starbucks,
IHOP, The Ackerly Senior Living, and Scenthound, a dog grooming retailer. The 232-space crosseasement parking field provides ample customer access, and the property benefits from direct visibility and signage along 99W
retail, recession-resistant medical, and food service in one stabilized asset. Surrounding co-tenancy at Cedar Creek Plaza includes Providence Medical, Planet Fitness, Starbucks,
IHOP, The Ackerly Senior Living, and Scenthound, a dog grooming retailer. The 232-space crosseasement parking field provides ample customer access, and the property benefits from direct visibility and signage along 99W
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
8,686 SF
Building Class
B
Year Built
2018
Price
$7,425,044 CAD
Price Per SF
$854.83 CAD
Cap Rate
6.25%
NOI
$464,065 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.91 AC
Zoning
RC
Parking
18 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
146’ on Southwest Edy Road
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R2207397 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,758,804 CAD |
Property Taxes
Parcel Number
R2207397
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,758,804 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
16784 SW Edy Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.