Description
RARE OPPORTUNITY TO OWN A STABILIZED RETAIL CENTER WITH UPSIDE IN ASHLAND, OREGON The Offering provides the investor with the opportunity to acquire the 100% leased Grizzly Peak Shopping Center: an 8.95 acre site with 63,311 sqft of leasable space as well as two (2) ground lease pads; upside in the form of excess land available for development, and the only available drive through permit in the community. The Grizzly Peak Shopping Center enjoys a hard corner location at the prime intersection within a dense and integral retail trade corridor; and has approximately 765 lineal feet of road frontage on the arterial. The arterial (Ashland Street / OR Hwy 66) provides proximity to the downtown core (@ 2 miles), Southern Oregon University (@ 1 mile) and the I-5 Interchange (@ 1/4 mile)Inherent conditions within the community of Ashland have long prohibited any change in the Urban Growth Boundary. Physical terrain and historic development patterns have concentrated rooftops nearest
-
0BEDS
-
8.95ACRES
-
0BATHS
-
01/2 BATHS
-
63,311SQFT
-
$190$/SQFT
School Ratings & Info
Description
RARE OPPORTUNITY TO OWN A STABILIZED RETAIL CENTER WITH UPSIDE IN ASHLAND, OREGON The Offering provides the investor with the opportunity to acquire the 100% leased Grizzly Peak Shopping Center: an 8.95 acre site with 63,311 sqft of leasable space as well as two (2) ground lease pads; upside in the form of excess land available for development, and the only available drive through permit in the community. The Grizzly Peak Shopping Center enjoys a hard corner location at the prime intersection within a dense and integral retail trade corridor; and has approximately 765 lineal feet of road frontage on the arterial. The arterial (Ashland Street / OR Hwy 66) provides proximity to the downtown core (@ 2 miles), Southern Oregon University (@ 1 mile) and the I-5 Interchange (@ 1/4 mile)Inherent conditions within the community of Ashland have long prohibited any change in the Urban Growth Boundary. Physical terrain and historic development patterns have concentrated rooftops nearest
© 2023 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2023-12-02T23:47:21.397