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- LoopNet Team
2512 E Portland Rd
Newberg, OR 97132
Ground Lease Redevelopment Opportunity · Property For Lease
HIGHLIGHTS
- Located on Hwy 99
- Drive-thru permitted
- Pylon sign
- Corner signalized intersection
- Tremendous traffic counts
- Two curb cuts
PROPERTY FACTS
| Property Type | Retail | Year Built | 2026 |
| Property Subtype | Restaurant | Construction Status | Under Construction |
| Gross Leasable Area | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,000 SF |
| Year Built | 2026 |
| Construction Status | Under Construction |
ABOUT THE PROPERTY
Situated in a highly desirable area, this property enjoys excellent visibility and accessibility. It is strategically located at the signalized intersection of HWY 99 and Elliott Rd., near major transportation routes, bustling commercial centers, and residential communities, ensuring a steady flow of potential customers and tenants. The property is available for a ground lease, providing the unique advantage of owning the improvements while leasing the land. This arrangement offers a cost-effective solution for investors, allowing them to maximize their return on investment without the burden of purchasing the land outright. Boasting an expansive lot size, this property offers abundant space for various development opportunities. Whether you envision a retail center, hotel, medical complex, storage unit, or mixed-use project, the possibilities are endless.
- Signage
