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SHOPPING CENTER SPACE 2248 Santiam Hwy SE 13,500 SF of Retail Space Available in Albany, OR 97322
HIGHLIGHTS
- High public traffic
- Central Location
- Busy Retail Center
- Large Common Area Parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
13,500 sqft of primary commercial retail space located in the center of Albany. Located within the Bi Mart shopping and retail center this space offers JR Anchor or equivalent space. 70+ Parking spots available with additional spots available throughout the common parking areas for high public traffic and local business draw. A corner location with rear loading accesses and private employee access with potential for updates and future growth. Inquire now for details and potential options for leasing plans and terms. Negotiable rent rates depending on use and term with desired renovations.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Anchor Space
- Central Air Conditioning
- Print/Copy Room
- Security System
- Corner Space
- High Ceilings
- Smoke Detector
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 13,500 SF | Gross Leasable Area | 13,500 SF |
| Property Type | Retail | Total Land Area | 0.56 AC |
| Property Subtype | Freestanding | Year Built | 1970 |
| Total Space Available | 13,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 13,500 SF |
| Total Land Area | 0.56 AC |
| Year Built | 1970 |
ABOUT THE PROPERTY
Available now. Inquire for rates and leasing plans/proposals. Rates offered depending on use, term and desired renovations. Featured Is a spacious 13,500 SF commercial retail space located in one of the primary shopping centers in the heart of Albany, Oregon. Offering exceptional visibility and high public exposure along the city’s busiest commercial corridor. This prime location sits directly on Santiam Highway (OR-20), a major thoroughfare with steady local commuter traffic, and is surrounded by a strong mix of national and local retailers, restaurants, and service businesses that drive consistent foot traffic. The property features excellent frontage, prominent signage opportunities, and ample on-site parking through the shared common areas. All these features make this a great potential for a variety of retail businesses looking to break into this growing market.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
CONTACTS
-
Norfleet Property Group Wyatt Norfleet -
Tyler
Norfleet
- Norfleet Property Group
Presented by
Norfleet Property Group
SHOPPING CENTER SPACE | 2248 Santiam Hwy SE
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