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820 NE E St
Grants Pass, OR 97526
The Shoppes at Grants Pass · Retail Property For Sale
Investment Highlights
- Priced well below replacement cost ($213/SF), with additional upside upon lease-up of the sole vacancy. Cash on cash return is well above 8%.
- Significant leasing momentum, with five new leases and one extension in 2025.
- Built-in rent growth, with nine of eleven tenants having annual rent increases.
- Pads to the larger Grants Pass Shopping Center, which welcomes over three million annual visits (Placer.ai).
- Occupied by a diverse mix of service-oriented retail and medical tenants.
- Additional upside potential upon lease-up of the sole vacancy.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
31,550 SF
Building Class
C
Year Built/Renovated
1979/2006
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.91 AC
Zoning
GC
Parking
160 Spaces (5.07 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | R310872 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,716,480 |
Property Taxes
Parcel Number
R310872
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,716,480
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