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Investment Highlights
- Grocery-shadowed retail center benefits from adjacent retail and grocery uses that help generate consistent daily customer traffic.
- Diverse tenant mix of service, food, financial and specialty retailers supports multiple sources of in-place retail activity.
- C-3 General Commercial zoning accommodates a broad range of commercial uses, supporting flexibility for current and future tenancy.
- High-visibility location offers strong exposure along signalized NW Stewart Parkway with convenient access for customers and tenants.
- 69 surface parking stalls provide convenient on-site parking capacity for customers and employees throughout the retail center.
- Available space provides potential lease-up upside, complementing the property’s existing multi-tenant income stream.
Executive Summary
Newton Creek Retail Center is a 13,717 SF multi-tenant retail investment located at 3001 & 3019 NW Stewart Parkway in Roseburg, Oregon. The 1.31-acre property was built in 2003 and features a mix of service, food, financial and specialty retail tenants, storefront visibility, convenient access and 69 surface parking stalls. Positioned within one of Roseburg’s primary commercial corridors, the center benefits from immediate proximity to CHI Mercy Medical Center, WinCo Foods, Walmart, Home Depot, Sportsman’s Warehouse, Marshalls and other established regional and national retailers. Its location near a signalized intersection and Interstate 5 supports exposure to local and regional traffic. C-3 General Commercial zoning accommodates a broad range of commercial uses. The property provides investors with in-place income and potential leasing upside.
Property Facts
| Price | $3,700,000 | Number of Properties | 2 |
| Price / SF | $304.40 / SF | Individually For Sale | 0 |
| Cap Rate | 6.52% | Total Building Size | 12,155 SF |
| Sale Type | Investment | Total Land Area | 1.96 AC |
| Status | Active |
| Price | $3,700,000 |
| Price / SF | $304.40 / SF |
| Cap Rate | 6.52% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,155 SF |
| Total Land Area | 1.96 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3001 NW Stewart Pky, Roseburg, OR 97471 | Retail | 8,117 SF | 2003 | - |
| 3019 NW Stewart Pky, Roseburg, OR 97471 | Retail | 4,038 SF | 2003 | - |
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