- High Visibility Location: Strong exposure on signalized NW Stewart Parkway
- Grocery-Shadowed Center: Adjacent retail and grocery uses help drive consistent daily traffic
- National Tenant Mix: Service, food and specialty retailers support the tenant mix
- Parking Ratio: 69 surface stalls support customer and employee parking
- Regional I-5 Access: Quick Interstate access connects to the broader Roseburg area
- C-3 Commercial Zoning: General Commercial zoning allows a broad range of commercial uses
- Lease-Up Potential: Available space may provide upside through future lease-up
- In-Place Income: NOI of $241,097.35 supports a 6.52% cap rate
Newton Creek Retail Center offers the opportunity to acquire a 13,717 SF multi-tenant retail property at 3001 & 3019 NW Stewart Parkway in Roseburg, Oregon. Offered at $3,700,000, the center is positioned within one of Roseburg’s primary commercial corridors and 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. The property features a mix of service, food, financial and specialty retail tenants, with storefront visibility, convenient access and 69 surface parking stalls. Its location near a signalized intersection and Interstate 5 supports exposure to both local and regional traffic, while C-3 General Commercial zoning accommodates a broad range of commercial uses. With a reported NOI of $241,097.35 and a 6.52% cap rate, Newton Creek Retail Center offers investors in-place income together with potential leasing upside. Buyers should independently verify all lease terms, occupancy, expenses, measurements and financial information.
Grocery-Shadowed Multi-Tenant Retail Investment
Location
Roseburg, OR
Property Type
Multi-tenant retail property
Zone
C-3 General Commercial
Cap Rate
6.52%
Price/SF
$270.00
Parking
69 surface stalls
Property Highlights
