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Sunset Shopping Center 5270 SW Philomath Blvd 1,020 - 4,647 SF of Retail Space Available in Corvallis, OR 97333
HIGHLIGHTS
- Safeway Grocery anchored shopping center
- Pad Sites Available
- 3 minutes from Oregon State University
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5070 | 1,020 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 5262 | 2,127 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $71,259 CAD/YR $5,938 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5274 | 1,500 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $50,253 CAD/YR $4,188 CAD/MO | Triple Net (NNN) |
5240 SW Philomath Blvd - 1st Floor - Ste 5070
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
5240 SW Philomath Blvd - 1st Floor - Ste 5262
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
5240 SW Philomath Blvd - 1st Floor - Ste 5274
Retail space available.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
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.
SELECT TENANTS AT SUNSET SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bi-Mart
- Wholesale Club
- 81
- Regional
- Burger King
- Fast-food
- 8,264
- International
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Edward Jones
- Finance Company
- 17,927
- International
- Safeway
- -
- -
- -
- The UPS Store
- Transportation and Warehousing
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bi-Mart | Wholesale Club | 81 | Regional |
| Burger King | Fast-food | 8,264 | International |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Edward Jones | Finance Company | 17,927 | International |
| Safeway | - | - | - |
| The UPS Store | Transportation and Warehousing | - | - |
PROPERTY FACTS
| Total Space Available | 4,647 SF | Gross Leasable Area | 153,666 SF |
| Center Type | Neighborhood Center | Total Land Area | 18.68 AC |
| Parking | 126 Spaces | Year Built | 1998 |
| Stores | 26 | Cross Streets | SEC US Hwy 20 (Philomath Blvd) & SW |
| Center Properties | 8 |
| Total Space Available | 4,647 SF |
| Center Type | Neighborhood Center |
| Parking | 126 Spaces |
| Stores | 26 |
| Center Properties | 8 |
| Gross Leasable Area | 153,666 SF |
| Total Land Area | 18.68 AC |
| Year Built | 1998 |
| Cross Streets | SEC US Hwy 20 (Philomath Blvd) & SW |
ABOUT THE PROPERTY
Neighborhood shopping center anchored by Safeway and Bi-Mart National tenants include Dollar Tree, Burger King, Subway, Starbucks, Tea 4 U, Great Clips and Edward Jones Located on Highway 20 - 3 minutes from the Oregon State University campus - over 33,193 students enrolled Population exceeds 50,100 within a three-mile trade area with an average household income over $87,900 The center is located on Philomath Blvd with over 15,400 VPD Two Pad Sites Available
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Sunset Shopping Center | 5270 SW Philomath Blvd
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