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615-697 SW Keck Dr
McMinnville, OR 97128
McMinnville Market Center · Commerce de détail Propriété À vendre


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Faits saillants de l'investissement
- Anchored by Albertsons (53,639 SF), one of America's leading grocery operators with superior covenant strength.
- Strategically positioned with 431 feet of frontage along Highway 99W with daily traffic counts exceeding 18,800 vehicles.
- Fully stabilized with 74,313 SF of income-producing retail space across the main center and Starbucks-anchored outparcel
- Superior market positioning with connectivity to Portland metro (45 minutes) and Oregon Coast (35 minutes)
Résumé de l'annonce
We are pleased to present for sale the McMINNVILLE MARKET CENTER, a premier institutional-grade neighborhood retail center located at 615-697 SW Keck Drive in McMinnville, Oregon (Population 34,319). This exceptional investment comprises a fully-stabilized 70,313 SF center anchored by Albertsons, complemented by a 4,000 SF outparcel featuring Starbucks, totaling 74,313 SF within Yamhill County's wine country region. Strategically positioned with 431 feet of frontage along Highway 99W, the property commands exceptional visibility with daily traffic counts exceeding 18,800 vehicles, serving both Yamhill County's 110,000+ residents and over 500,000 annual wine country tourists.
The property features Albertsons (53,639 SF, lease through April 2029) as anchor, with national tenants including Starbucks (drive-thru), AT&T Wireless, Snap Fitness 24/7, and Sally Beauty, creating diversified income across 11 total tenants serving daily necessity retail demand. Located within McMinnville's dominant retail corridor near Walmart Supercenter, Home Depot, and Safeway, the center benefits from proximity to Linfield University, Providence Willamette Valley Medical Center, and Evergreen Aviation & Space Museum, ensuring consistent demand from McMinnville's diverse economic base combining healthcare, education, manufacturing, and world-class wine production.
This represents an outstanding opportunity for investors seeking stable, grocery-anchored retail income in a proven growth market. With strategic positioning within Oregon's premier wine tourism destination, superior connectivity to Portland (45 minutes) and Oregon Coast (35 minutes), and professional-grade infrastructure, McMinnville Market Center is a compelling acquisition in one of the Pacific Northwest's most dynamic retail markets.
The property features Albertsons (53,639 SF, lease through April 2029) as anchor, with national tenants including Starbucks (drive-thru), AT&T Wireless, Snap Fitness 24/7, and Sally Beauty, creating diversified income across 11 total tenants serving daily necessity retail demand. Located within McMinnville's dominant retail corridor near Walmart Supercenter, Home Depot, and Safeway, the center benefits from proximity to Linfield University, Providence Willamette Valley Medical Center, and Evergreen Aviation & Space Museum, ensuring consistent demand from McMinnville's diverse economic base combining healthcare, education, manufacturing, and world-class wine production.
This represents an outstanding opportunity for investors seeking stable, grocery-anchored retail income in a proven growth market. With strategic positioning within Oregon's premier wine tourism destination, superior connectivity to Portland (45 minutes) and Oregon Coast (35 minutes), and professional-grade infrastructure, McMinnville Market Center is a compelling acquisition in one of the Pacific Northwest's most dynamic retail markets.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
74 400 pi²
Classe d’immeuble
B
Année de construction
2004
Prix
20 561 850 $ CAD
Prix par pi²
276,37 $ CAD
Taux de capitalisation
6,55%
Revenu net d’exploitation
1 347 358 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Quais de chargement
2 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
6,82 AC
Zonage
C-3
Stationnement
200 places (2,69 places par 1 000 pi² loué)
Façade
431’ sur 99W Hwy
Commodités
- Ligne d'autobus
- Visibilité de l'autoroute
- Enseigne sur pylône
- Affichage
- Intersection avec signalisation
- Service au volant
Impôts fonciers
| Numéro de lot | 173993 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 3 540 978 $ CAD |
Impôts fonciers
Numéro de lot
173993
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
3 540 978 $ CAD
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