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Former Rite Aid 728 SW 4th Ave 17,279 SF of Retail Space Available in Ontario, OR 97914
HIGHLIGHTS
- Well-maintained single-tenant retail building featuring a drive-thru, ample parking, and strong visibility suitable for many retail or service users.
- Rare availability of comparable retail buildings in this trade area, offering strong potential for both investors and owner-users.
- Versatile retail footprint supporting uses such as pharmacy, urgent care, general retail, or specialty services with existing infrastructure.
- Prime SW 4th Ave location with excellent daily traffic counts, strong street presence, and prominent building signage opportunities.
- Surrounded by national retailers and medical providers that generate steady consumer traffic and support long-term market demand.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,279 SF | 3-20 Years | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $482,402 CAD/YR $40,200 CAD/MO | Triple Net (NNN) |
1st Floor
This ±17,279 SF former Rite Aid offers a high-visibility, move-in-ready retail box with a spacious open floor plan, drive-thru/pick-up window, wide storefront, and abundant onsite parking. Large pylon and monument signage provide exceptional exposure along SW 4th Ave. Flexible O-C2 zoning supports a broad range of retail and service uses, making it ideal for pharmacy, urgent care, general merchandise, or specialty operators. The property is offered for lease and also available for sale, providing multiple occupancy strategies for an operator seeking a prominent standalone building in a strong regional trade area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Space is an outparcel at this property
- Drive Thru
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 | 17,279 SF | Total Land Area | 1.82 AC |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Drug Store | Parking Ratio | 6.25/1,000 SF |
| Gross Leasable Area | 17,279 SF |
| Total Space Available | 17,279 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 17,279 SF |
| Total Land Area | 1.82 AC |
| Year Built | 2006 |
| Parking Ratio | 6.25/1,000 SF |
ABOUT THE PROPERTY
Located in the heart of Ontario’s primary retail corridor, this ±17,279 SF freestanding building sits on ±1.82 acres with excellent frontage, visibility, and access from three sides. The site features a dedicated drive-thru window, expansive parking fields, and multiple signage opportunities, enhancing customer access and brand presence. Surrounded by national retailers, medical providers, and service businesses, the property benefits from steady consumer traffic and long-term demand. Zoned O-C2 (Old City – General Commercial), the site accommodates a wide variety of commercial uses and is well-positioned for an operator requiring scale, convenience, and regional draw. Available for lease or sale, it presents a rare opportunity for an owner-user or tenant seeking a high-exposure standalone building in a supply-constrained market.
- Pylon Sign
- Drive Thru
- Monument Signage
NEARBY MAJOR RETAILERS
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Former Rite Aid | 728 SW 4th Ave
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