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7334 Crater Lake Hwy 1,414 - 3,440 SF of Retail Space Available in White City, OR 97503
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 7334 | 2,026 SF | Negotiable | $24.48 CAD/SF/YR $2.04 CAD/SF/MO $49,591 CAD/YR $4,133 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 7336 | 1,414 SF | Negotiable | $26.17 CAD/SF/YR $2.18 CAD/SF/MO $36,998 CAD/YR $3,083 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 7334
7334 Highway 62, is an immediately available in-line retail storefront unit featuring approximately 2,026 rentable square feet ("SF"). The current layout could support a wide variety of uses including its prior medical office use, retail storefront, or professional office. Inside, the leaseable area includes a reception/lobby area, a large open workspace area, backrooms for storage, as well as a private restroom providing a flexible space for any user ready for occupancy.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Located in-line with other retail
1st Floor, Ste 7336
7336 Highway 62, formerly a high-volume cellular outlet, is a corner retail storefront featuring ±1,380 square feet ("SF") of leaseable space. The functional layout of the unit includes an open sales floor and rear admin suitable for small-scale retail or office use. The Space also includes a private restroom and room for storage. The Spaces are a part of the highly recognizable multi-tenant Lakewood Center and share a common area with multiple longstanding tenants. The property is also anchored by Dollar Tree. Sited at the signalized hard corner intersection of Hwy 62 and Hwy 140, Lakewood Center is prominently positioned as one of the highest visibility retail centers in the region.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
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 | 3,440 SF | Gross Leasable Area | 30,110 SF |
| Property Type | Retail | Year Built/Renovated | 1989/2010 |
| Property Subtype | Storefront | Parking Ratio | 4.58/1,000 SF |
| Total Space Available | 3,440 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 30,110 SF |
| Year Built/Renovated | 1989/2010 |
| Parking Ratio | 4.58/1,000 SF |
About the Property
Merit Commercial Real Estate is pleased to exclusively present the Lakewood Shopping Center, a long-standing multi-tenant retail center located in White City, Oregon (the "Property"). The Property is situated on one parcel totaling 4.07 acres. The two buildings located on-site feature a total square footage of ±30,110 SF. "Building 1" consists of ±28,154 SF and features a diverse mix of tenants anchored by Dollar Tree. There are six units within the building with two current vacancies. There is a large, ±0.80-acre retail building pad located on the eastern side of the Property offering future upside and development potential. The immediate and overall region has attracted, and continues to draw attention from a slate of national credit-rated tenants for both BTS and fee simple land sales. The retail pad at Lakewood is primed for a new user, and isn't burdened by use exclusives. Situated on the right side of a hard, signalized corner at the intersection of the two highest traffic highways in the region, the Property benefits from excellent frontage & visibility. Access is convenient with three full-movement driveways and low-friction movement for customers.
Nearby Major Retailers
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7334 Crater Lake Hwy
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