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Retail/Industrial Space 798 NW 5th St
6,285 SF of Retail Space Available in Redmond, OR 97756
Highlights
- 2,407 SF of open retail area and 3,510 SF of warehouse area
- Pylon signage available on 5th Street
- Great access, visibility and parking
- 14’ roll up door in attached warehouse
- High visibility location with traffic counts over 8,000 AADT
- New 47-unit residential development recently constructed just south of the property
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 6,285 SF | 3-20 Years | $16.80 USD/SF/YR $1.40 USD/SF/MO $180.83 USD/m²/YR $15.07 USD/m²/MO $8,799 USD/MO $105,588 USD/YR | Triple Net (NNN) |
1st Floor, Ste 2
This suite offers a spacious 2,407 SF open retail area and a 3,510 SF attached warehouse with a 14’ roll-up door. Located in a high-visibility area with traffic counts over 8,000 AADT, it features pylon signage on 5th Street. The property provides great access, visibility, and parking. A new 47-unit residential development just south of the property adds to the appeal of this prime location.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- 2,407 SF of open retail area
- 3,510 SF of warehouse area
- 14’ roll up door
- Pylon signage available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 798 NW 5th St , Redmond, OR 97756
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Storefront | Parking Ratio | 3.3/1,000 SF |
| Gross Leasable Area | 13,936 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,936 SF |
| Year Built | 1963 |
| Parking Ratio | 3.3/1,000 SF |
About the Property
This 2-tenant building is located in a high-visibility area with traffic counts over 8,000 AADT and includes pylon signage on 5th Street. The property, remodeled in 2023, offers a modern space with excellent access, visibility, and onsite parking. Currently, Wholesale Outlet occupies the other suite. A new 47-unit residential development just south of the property enhances the location’s appeal.
- Fenced Lot
- Pylon Sign
Nearby Major Retailers
Contacts
-
Russell Huntamer -
Dan Kemp -
Eli Harrison -
Compass Commercial Real Estate Services
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Retail/Industrial Space | 798 NW 5th St
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