HIGH VISIBILITY LOCATION CREATIVE/RETAIL BUILDING
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Cushman & Wakefield Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. 200 SW Market, Ste 200 Portland, Oregon main +1 503 279 1700 cushmanwakefield.com ANNE HECHT Director, Retail Service +1 503 279 1728 [email protected] JIM LEWIS Senior Director +1 503 279 1743 [email protected] AVAILABLE | 2.47 Acres | 13,558 SF Building 520 AIRPORT RD, ALBANY, OR 97322 CALL FOR ADDITIONAL INFORMATION LEASE, GROUND LEASE, AND SALE POSSIBILITIES HIGH VISIBILITY LOCATION CREATIVE/RETAIL BUILDING EXIT 233 Albany Albany Municipal Municipal Airport Airport EXIT 234A Heritage Heritage Mall Mall Pacifc Blvd S E Pacifc Blvd S E SITE SITE EXIT 234B Eugene Eugene 45 miles 45 miles Salem Salem 25 miles 25 miles JASON DE VRIES Managing Principal +1 503 279 1732 [email protected] AIRPORT RD SE
Transcript of HIGH VISIBILITY LOCATION CREATIVE/RETAIL BUILDING
Cushman & Wakefield Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
200 SW Market, Ste 200 Portland, Oregon main +1 503 279 1700 cushmanwakefield.com
ANNE HECHTDirector, Retail Service +1 503 279 1728 [email protected]
JIM LEWISSenior Director +1 503 279 1743 [email protected]
AVAILABLE |
2.47 Acres | 13,558 SF Building520 AIRPORT RD, ALBANY, OR 97322
CALL FOR ADDITIONAL INFORMATION
LEASE, GROUND LEASE, AND SALE POSSIBILITIES
HIGH VISIBILITY LOCATION
CREATIVE/RETAIL BUILDING
EXIT 233
AlbanyAlbanyMunicipal Municipal AirportAirport
EXIT 234A
Heritage Heritage MallMall
Pac
if c B
lvd S
E
Pac
if c B
lvd S
E
SITESITE
EXIT 234B
EugeneEugene45 miles45 miles
SalemSalem25 miles25 miles
JASON DE VRIESManaging Principal +1 503 279 1732 [email protected]
AIRP
ORT
RD
SE
ANNE HECHTDirector, Retail Service +1 503 279 1728 [email protected]
JIM LEWISSenior Director +1 503 279 1743 [email protected]
EXISTING BUILDING
HIGHLIGHTSHigh volume neighboring retailers
with fast food and gas co-tenants
Easy North and South I-5 access
Property controlled through ground lease expiring April 2023 with two 10-year
extension options
Sale Price: $600,000 plus assumption of below market ground lease
Sublease Rate: $12/SF NNN
Landowner may consider direct deal for ground lease or sale
electronicpylon sign withunobstructedhigh visibilityfrom I-5
Call for detail
JASON DE VRIESManaging Principal +1 503 279 1732 [email protected]
FOR MORE INFORMATIONPLEASE CONTACT
Site Area 2.47 AC
Lot Coverage Allowed 90%
Max Building Height None
Recreation (Indoor/Outdoor) S* / S
Traditional Offices S
Parking S
Restaurants S
Retail Sales and Service S
Self-Serve Storage S
Breweries, Nightclubs S
Hotels and motels S
Vehicle Repair / Service S
Community Services S/CU
Educational Institutions N
Religious Institutions N
Assisted Living Facility N
(RC) Regional Commercial District is intended primarily for developments that serve the wider Albany region. RC allows a wide range of retail sales and service uses.
S = Site Review
DEVELOPMENT
Zoned: (RC) Regional Commercial District
CU = Conditional UseN = Not Allowed
S* = Indoor firing ranges or gun clubs not permitted.
RCRCSITE
RCRC
Pylon Sign
AIRPORT RD SE
Flexible zoning allowing for redevelopment or existing structure re-purposing.
DEMOGRAPHICS 1 Mile 3 Mile 5 Mile
Est. Population 2019 8,089 47,113
Est. Households 2019 3,253 18,604
Household Income $50,791 $55,287
Daytime Employees 5,551 22,819
TRAFFIC COUNTSAirport Rd SE 1,087 ADT (2020)Pacific Blvd (99E) 21,470 ADT (2020)Interstate 5 49,318 ADT (2020)
JIM LEWISSenior Director +1 503 279 1743 [email protected]
ANNE HECHTDirector, Retail Service +1 503 279 1728 [email protected]
AIR
POR
T RD
SEA
IRPO
RT R
D SE
EXIT 233
EXIT 234A
AlbanyAlbanyMunicipal Municipal AirportAirport
Heritage Heritage MallMall
LOCATION
SITESITE
EXIT 234A
EXIT 234B
Airport R
d SE A
irport Rd SE 1,087 A
DT (20)
1,087 AD
T (20)
Santiam Hwy SE
Santiam Hwy SE
Pacif c Blvd SE
Pacif c Blvd SE 21,470 ADT
21,470 ADT
Pac
if c B
lvd S
E
Pac
if c B
lvd S
E
49,318 AD
T (20)49,318 A
DT (20)
JASON DE VRIESManaging Principal +1 503 279 1732 [email protected]
