Welcome to Pennington Realty, Inc. We are a full-service real estate company specializing in commercial and investment properties in Lane County and throughout the state of Oregon. Our Brokers have earned a strong reputation for hard work, expert knowledge and professionalism. We pride ourselves on in-depth understanding of the individual needs of our clients and our hard work to achieve their real estate goals. Please contact our brokers and we will be happy to answer any questions you have regarding our services or real estate in Oregon.
Bartels Farms- Beef Harvesting Facility
88091 Central Road
FOR SALE/ LEASE
Type: Beef Harvesting Facility with Ranch Land
Sale Price: $3,500,000
Lease Rent: $24,900/month NNN
Size: 246.6 acres (32,000 sf Improvements)
Description/Features: Former beef harvesting plant of Bartels Famrs. Capacity to harvest up to 200 head of cattle per day. Organic and Naturally certified. One of its kind in the state of Oregon. Turn key operation.
Glenwood OZ Land
E. 19th Ave. & Franklin Blvd.
Type: Vacant Land
Sale Price: $2,443,000
Size: 3.66 Acres
Description/Features: Opportunity Zone land ready to be developed in the Glenwood area of Springfield. Zoning allows for many uses: Retail/ Office/ Hotel/ Multifamily, etc. Close to the University of Oregon and I-5 access.
Florence Development Land
HWY 101 & 35th Street
Type: Vacant Land
Sale Price: $450,000
Size: 0.92 acres (40,180 sf)
Description/Features: Signalized hard corner parcel fronting on HWY 101. One of the best locations in Florence. Near Florence Golf Links and Fred Meyer. Zoning: Highway District. Allows for commercial, retail, multi-family, PUD, office, drive-thru uses.
Retail in the Heart of Junction City, OR
757 Ivy Street (Hwy 99)
Junction City, OR
Lease Rent: $0.60/month/sf Gross + Utilities
Dimensions/ Space: 4,704 SF
Description/Features: One story retail building in the heart of Junction City, OR. Open retail area with one restroom and an office/ break area. Zoned General Commercial. Large front windows provide lots of natural light.
Retail At The Best Corner in Lebanon, OR
2050/2060 S. Santiam Hwy
Lease Rent: $28+/- per sf NNN
Dimensions/ Space: 1,230-3,587SF
Description/Features: Newly renovated retail or office space at one of the best corners in Lebanon (Hwy 20 & S. Airport Rd.). 24,700 VPD on Hwy 20. Opportunity to join brand new Starbucks, AT&T,Jack-in-the-Box and Gentle Dental. Tenant improvements available. Lease rate varies based on size and location within the building. 1,230 sf space also available between the Starbucks and AT&T store across the parking lot to the east.
Retail BTS At The Best Corner in Lebanon, OR
2010 S. Santiam Hwy
Lease Rent: TBD
Building Size: 1,500 SF
Description/Features: BTS at the new retail center located at the busiest intersection in Lebanon, OR. Traffic Count: 24,700 VPD. Join Starbucks, AT&T, Jack-in-the-Box, Gentle Dental and others.
Newport Retail Build-To-Suit
Corner of Hwy 101 & Hwy 20
Lease Rent: TBD
Building Size: Up to 3,000 SF
Description/Features: Retail pad on the corner of the main arterials in Newport. Signalized corner access. Neighboring properties are various national and regional retailers. Hwy 101: 23,500 VPD, Hwy 20: 15,800 VPD
Downtown Springfield Redevlopment Property
Retail / Office
Price: $550,000 ($68.75/sf)
Size: 8,000 sf +/-
Description/Features: Redevelopment opportunity in the heart of downtown Springfield, OR. Only one-half block away from the Springfield City Hall. Zoning: Springfield Mixed Use Commercial. Possibility of the city of Springfield to provide incentives for a buyer to redevlop the property.
Florence HWY 101 Retail
1665 HWY 101
FOR LEASE (PENDING)
Lease Rent: $5,472/month NNN
Dimensions/ Space: 6,840 sf
Description/Features: Stand-alone retail building located on the NW corner of HWY 101 and 16th St. Approximately 32+ on-site parking spaces. Zoning: Commercial. Traffic count: 17,100 VPD
370 Q Street
Type: Office / Retail
Lease Rent: $1.10 sf NNN
Dimensions/ Space: 1,740 SF
Description/Features: Ground floor, endcap office/retail space. 3 private offices, 6 workstations, reception, kitchen area, conference room and private restroom. Ample parking. Available now
6 Hayden Bridge Way
Lease Rent: $2,000/month Gross + Utilities
Dimensions/ Space: 1,291 SF
Description/Features: Ground floor office located on busy Hayden Bridge Way in Springfield. Reception area, 3 private offices, break room, restroom and storage closet. Excellent visibilty and ample parking.
1144 Gateway Loop Suite 101
Lease Rent: $1.17/sf/ Month Full Service
Dimensions/ Space: 754 sf
Description/Features: Ground floor office space in the Gateway Plaza office building on Gateway Loop. Interior and exterior entrances. Conveniently located next to Beltine and I-5 interchange. Tenant Improvements available. 3 year minimum lease.
Former Credit Union W/ Drive-Thru
Office / Retail W/ Drive-thru
Price: $34/SF NNN
Size: 4,560 SF
Description/Features: Located on signalized intersection of Q St. and Pioneer Parkway. Two drive-thru lanes. Excellent access and visibility from I-105 / Hwy 126. Anchored by Walgreens and shadow anchored by Safeway & Pioneer Plaza Shopping Center.
Willamette Pass Inn & Chalets
Crescent Lake, OR
Hotel / Resort
Size: 13 Rooms, 10 Chalets (Land: 11.98 Acres)
Description/Features: Beautiful and unique resort in the Cascades of Central Oregon. Fee simple land (not ground leased from Forest Service). Strong history of occupancy year round. Value add opportunity with room to build 12 more chalets.
Pennington Realty Inc.
1144 Gateway Loop Ste 205
Springfield, OR 97477
Office #: 541-344-5959
Fax #: 541-344-5966
John Pennington, CCIM, GRI
Cell #: 541-579-4600
Cell #: 541-513-0918