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Willamette Wellness Center 6735 SW Country Club Dr 13,504 SF 100% Leased Retail Building Corvallis, OR 97333 $2,990,000 ($221.42/SF) 6.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Established Tenants: Fitness Over 50, Thrive Physical Therapy, and Gray Wolf Golf provide long-term stability
- Leased Investment: 100% leased with steady NOI and minimal oversight
- Flexible Floor Plan: Multi-suite design ideal for fitness, medical, or retail users
- Highway 20 Exposure: 15,531 daily vehicles offer strong visibility and easy access
- Prime Corvallis Area: Close to Oregon State University, downtown, and key amenities
- Ample Parking: 3.9 spaces per 1,000 SF supports tenants and customer access
EXECUTIVE SUMMARY
The Willamette Wellness Center offers investors the opportunity to acquire a stabilized, income-producing wellness and retail property located in the heart of Corvallis, Oregon. The 13,504-square-foot building sits on 1.39 acres along SW Country Club Drive, just off Highway 20, one of Corvallis’ primary commercial corridors with an average daily traffic count of 15,531 vehicles (2023). This location provides excellent visibility, convenient access, and strong exposure to both local and regional traffic.
The property serves as a thriving hub for health and fitness tenants, including Fitness Over 50, Thrive Physical Therapy, and Grey Fox Golf. Together, these tenants create a synergistic mix that draws consistent daily traffic and complements nearby retail and medical users. The center benefits from strong in-place income, long-term leases, and minimal management requirements, making it an ideal turnkey investment for private or institutional buyers.
With its strategic Highway 20 frontage, efficient 3.9 per 1,000 SF parking ratio, and established tenancy, the Willamette Wellness Center represents a stable, low-risk investment with dependable cash flow in one of Oregon’s most dynamic university markets.
The property serves as a thriving hub for health and fitness tenants, including Fitness Over 50, Thrive Physical Therapy, and Grey Fox Golf. Together, these tenants create a synergistic mix that draws consistent daily traffic and complements nearby retail and medical users. The center benefits from strong in-place income, long-term leases, and minimal management requirements, making it an ideal turnkey investment for private or institutional buyers.
With its strategic Highway 20 frontage, efficient 3.9 per 1,000 SF parking ratio, and established tenancy, the Willamette Wellness Center represents a stable, low-risk investment with dependable cash flow in one of Oregon’s most dynamic university markets.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
13,504 SF
Year Built/Renovated
2001/2010
Price
$2,990,000
Price Per SF
$221.42
Cap Rate
6.30%
NOI
$188,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
GC - General Commercial
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Fitness Over 50
- Health Care and Social Assistance
-
99,999 SF
- -
- -
- Grey Fox Golf
- Retailer
-
99,999 SF
- -
- -
- Rock Steady Boxing
- Health Care and Social Assistance
-
99,999 SF
- -
- -
- Thrive Physical Therapy
- Health Care and Social Assistance
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Fitness Over 50 | Health Care and Social Assistance | 99,999 SF | - | - | ||
| Grey Fox Golf | Retailer | 99,999 SF | - | - | ||
| Rock Steady Boxing | Health Care and Social Assistance | 99,999 SF | - | - | ||
| Thrive Physical Therapy | Health Care and Social Assistance | 99,999 SF | - | - |
Bike Score®
Very Bikeable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 146070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,429,323 |
PROPERTY TAXES
Parcel Number
146070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,429,323
CONTACTS
-
Matt Sichel -
Dan Kemp -
Emilio Tiscareno -
Compass Commercial Real Estate Services
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Willamette Wellness Center | 6735 SW Country Club Dr
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