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3001 NW Stewart Pky 13,717 SF 93% Leased Retail Building Roseburg, OR 97471 $4,970,088 CAD ($362.33 CAD/SF) 6.54% Cap Rate

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INVESTMENT HIGHLIGHTS

  • direct frontage along Stewart Parkway—Roseburg’s dominant retail corridor
  • Current occupancy is 93%
  • ample surface parking

EXECUTIVE SUMMARY

Newton Creek Retail Center is a well-positioned multi-tenant retail asset located in the heart of Roseburg, comprised of 13,717 SF across two modern buildings constructed in 2003. The property features a high-performing tenant mix, including national and regional brands such as Jimmy John’s, The UPS Store, Edward Jones, and Batteries Plus, alongside vital service retailers like AAA and Express Personnel. Anchored by Albertsons currently being repositioned, the center provides investors with durable income and upside potential via lease-up of the remaining 7% vacancy. Priced at $3,900,000 with a current CAP of 6.03% and proforma 6.26%, this offering represents a stabilized retail investment in a supply-constrained market with limited competition and consistent consumer demand.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $551,427 $67.93
Other Income - -
Vacancy Loss $27,571 $3.40
Effective Gross Income $523,856 $64.54
Taxes $48,643 $5.99
Operating Expenses $137,896 $16.99
Total Expenses $186,539 $22.98
Net Operating Income $337,316 $41.56

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $551,427
Annual Per SF $67.93
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $27,571
Annual Per SF $3.40
Effective Gross Income (CAD)
Annual $523,856
Annual Per SF $64.54
Taxes (CAD)
Annual $48,643
Annual Per SF $5.99
Operating Expenses (CAD)
Annual $137,896
Annual Per SF $16.99
Total Expenses (CAD)
Annual $186,539
Annual Per SF $22.98
Net Operating Income (CAD)
Annual $337,316
Annual Per SF $41.56

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,717 SF
Building Class
C
Year Built
2003
Price
$4,970,088 CAD
Price Per SF
$362.33 CAD
Cap Rate
6.54%
NOI
$325,044 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.31 AC
Zoning
C3 - commercial zoning code
Parking
56 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
400’ on Stewart Pkwy

AMENITIES

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • AAA Oregon
  • Finance and Insurance
  • 1,100 SF
  • $34.21 CAD
  • Triple Net
  • Oct 2028
  • Retailer
  • 2,400 SF
  • $34.17 CAD
  • Triple Net
  • Oct 2026

At Batteries Plus they offer battery, lighting, smart home, key fob and phone repair solutions for retail and business customers alike. Their teams are experts in the field, and outstanding service is what sets them apart. Whether a customer is looking for an everyday item or something that's a little harder to find, they're there for them. Batteries Plus began in 1988 with a single store located in Green Bay, Wisconsin. That very first team opened their doors with a simple goal: to serve customers’ needs with a combination of quality products and superior technical knowledge. Today, Batteries Plus is the nation’s largest and fastest growing battery franchise, with locations throughout the United States. Their stores serve millions of customers and have access to tens of thousands of products, from the everyday to the hard-to-find. Plus, customers appreciate convenient services like battery testing, phone repair, key fob programming and much more.

  • Finance and Insurance
  • 1,200 SF
  • $25.46 CAD
  • Triple Net
  • Nov 2026

Edward Jones is a privately held financial services firm focused on individual investors and small businesses. Founded in 1922, the company operates from its headquarters in the St. Louis area with a U.S. regional headquarters in Tempe, serving clients through a broad network of local branch offices. The firm offers investment guidance, retirement and education savings strategies, insurance solutions, and cash and credit products delivered by financial advisors backed by home-office resources. Edward Jones is the principal operating company of The Jones Financial Companies and is not publicly traded. The firm highlights a long-standing branch-office model designed to provide in-person advice within communities; its corporate sites cite a footprint of more than 15,000 branch locations in North America and tens of thousands of associates, including financial advisors, across the U.S. and Canada. Senior leadership includes Managing Partner Penny Pennington and executives overseeing operat

  • Hi-Tech Nails & Spa
  • Services
  • 1,050 SF
  • $25.13 CAD
  • Triple Net
  • Apr 2030
  • Jimmy Johns Gourmet Sandwiches
  • Retailer
  • 1,150 SF
  • $32.78 CAD
  • Triple Net
  • Feb 2030
  • Purple Parrot
  • Retailer
  • 1,117 SF
  • $35.29 CAD
  • Triple Net
  • Aug 2028
  • Selectemp
  • Administrative and Support Services
  • 1,200 SF
  • $23.56 CAD
  • Triple Net
  • Nov 2024
  • Skyward
  • Administrative and Support Services
  • 2,400 SF
  • $19.54 CAD
  • Triple Net
  • Oct 2027
  • The UPS Store
  • Services
  • 1,100 SF
  • $28.14 CAD
  • Triple Net
  • Aug 2034
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
AAA Oregon Finance and Insurance 1,100 SF $34.21 CAD Triple Net Oct 2028
Retailer 2,400 SF $34.17 CAD Triple Net Oct 2026
Finance and Insurance 1,200 SF $25.46 CAD Triple Net Nov 2026
Hi-Tech Nails & Spa Services 1,050 SF $25.13 CAD Triple Net Apr 2030
Jimmy Johns Gourmet Sandwiches Retailer 1,150 SF $32.78 CAD Triple Net Feb 2030
Purple Parrot Retailer 1,117 SF $35.29 CAD Triple Net Aug 2028
Selectemp Administrative and Support Services 1,200 SF $23.56 CAD Triple Net Nov 2024
Skyward Administrative and Support Services 2,400 SF $19.54 CAD Triple Net Oct 2027
The UPS Store Services 1,100 SF $28.14 CAD Triple Net Aug 2034

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 306
  • 1,000 SF
  • Retail
  • In-Line
  • Now

Plentiful parking for employees and customers at the center.

Space Size Space Use Position Available
306 1,000 SF Retail In-Line Now

306

Size
1,000 SF
Space Use
Retail
Position
In-Line
Available
Now

306

Size 1,000 SF
Space Use Retail
Position In-Line
Available Now

Plentiful parking for employees and customers at the center.

NEARBY MAJOR RETAILERS

WinCo Foods
Applebee's
Shari's Cafe & Pies
Dutch Bros
CrossFit
United Rentals
Red Robin Gourmet Burgers And Brews
U.S. Bank
Planet Fitness
the Human Bean

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R109531
  • R109532
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,449,420 CAD
Annual Taxes
$48,643 CAD ($3.55 CAD/SF)
Tax Year
2025
  • Listing ID: 37072977

  • Date on Market: 2025-05-23

  • Last Updated:

  • Address: 3001 NW Stewart Pky, Roseburg, OR 97471

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