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.
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.
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
Retail At The Best Corner in Lebanon, OR
2080 S. Main St.
Lease Rent: $30 per sf NNN
Dimensions/ Space: 1,230 SF
Description/Features: Newly constructed retail building anchored by a Starbucks drive-thru and AT&T store. Space available is between these two anchors. Great visibilty from Santiam Hwy (Main St.) and signalized access. Tenant Improvement of $25/sf is available.
1144 Gateway Loop Suite 240
Lease Rent: $1.17/sf/ Month Full Service
Dimensions/ Space: 577 sf & 915 sf (1,492 sf)
Description/Features: 2nd floor office open office space in the Gateway Plaza office building on Gateway Loop. 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.
3.46 Acres North Game Farm Rd. E-1 Land
For Sale or Build-to-Suit
Type: Zoning: E-1 Campus Employment
Sale Price: $2,562,200 ($17 psf)
Size: 3.46 Acres ($150,717 sf)
For sale or Built-to-suit, rectangular parcel of 3.46 Acres of Campus Employment commercial land on North Game Farm Road between the intersection of Old Coburg Rd. and the I-5 overpass. Very close to the new VA hospital and excellent visibility from I-5. Utilities to site/ Ready to build on. E-1 zoning allows medical, office, restricted retail and other uses. Tax lot: 17-03-16-41-201
404' of frontage on North Game Farm rd. between the intersection of Old Coburg rd. and North Game Farm rd. and the I-5 Overpass. Eugene, OR 97408
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