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.
Opportunity Zone: Manufactured Home Park and Development Land
E. 19th Ave & Franklin Blvd.
Type: Investment & Development
Sale Price: $13,989,000
Size: 10.87 acre park + 3.74 development land
Description/Features: Excellent development opportunity in the Glenwood area of Springfield with existing income from established manufactured home park along the Willamette River. Bordered by two streets that alows for multiple access. Zoning (GMCU) allows for many uses: Retail/ Office/ Hotel/ Multi-Family.
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 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.
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.
Country Club Road Office Space
696 Country Club Rd.
FOR LEASE LEASED
Lease Rent: $2,223/month ($1.30/SF) Full Service
Dimensions/ Space: 1,710 SF Ground Floor
Description/Features: Former law office in the highly desirable Country Club Rd. location. Four private offices, conference room, break room and one restroom. Single level with ample parking. Excellent condition, lots of windows/ natural light.
Corner of 6th & Chambers Retail / Office
1704 W. 6th Avenue
FOR LEASE LEASED
Type: Retail / Office
Lease Rent: $2,850 Monthly ($0.66/SF)
Dimensions/ Space: 4,328 SF
1st Floor (1,916 SF) 2nd Floor: (2,412 SF)
Description/Features: High traffic, high visibilty retail / office 2-story building on the SW corner of W. 6th Ave. & Chambers St. in west Eugene. Large windows provide lots of natural light. 27,530 vehicles per day on 6th.
1144 Gateway Loop Suites 210 & 215
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.
5690 Main Street
For Sale SOLD
Zoning: CC (Community Commercial)
Sale Price: $999,000
Size: Building: 8,262 sf (1st: 4,994 sf /2nd: 3,268 sf)
Land area: 0.8 acres (34,848 sf)
For Sale is the former Key Bank building in the Thurston community of Springfield. Located at the NE corner of Main St. and Hwy 126. Hard corner with excellent visibility from both the street and freeway. Access off Main St. plus access to a traffic signal at 58th and Main St. Excellent opportunity for redevelopment. Traffic counts (Main St.: 27,000 VPD / Hwy 126: 32,800 VPD)
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