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27892557
27892558

6735 SW Country Club Drive, Corvallis, OR 97333 For Sale

ET
OR 201245391
Compass Commercial Real Estate Services
DK
OR 201203140
Compass Commercial Real Estate Services
Compass Commercial Real Estate Services
Listed by Compass Commercial Real Estate Services
$2,890,000
261 days on market
Updated 68 days ago

Willamette Wellness Center

Details
Property Type Mixed Use
Square Footage 13,504
Units 4
Cap Rate 6.52%
NOI $188,400
Occupancy 100%
Tenancy Multi
Brand/Tenant Fitness Over 50, Thrive Physical Therapy (+1)
Price per SqFt $221
Year Built 2001
Year Renovated 2010
Buildings 1
Stories 1
Acreage 1.390
Zoning General Commercial (GC)
Parking Spaces 53 spaces
Parking per 1,000 SqFt 3.92
Investment Type Stabilized
Ground Lease No

Mixed Use | 6.30% CAP | 13,504 SqFt

Marketing description

The Willamette Wellness Center offers investors the opportunity to acquire a stabilized, income-producing wellness and retail property located in the heart of Corvallis, Oregon. The 13,504-square-foot building sits on 1.39 acres along SW Country Club Drive, just off Highway 20, one of Corvallis’ primary commercial corridors with an average daily traffic count of 15,531 vehicles (2023). This location provides excellent visibility, convenient access, and strong exposure to both local and regional traffic.

The property serves as a thriving hub for health and fitness tenants, including Fitness Over 50, Thrive Physical Therapy, and Grey Fox Golf. Together, these tenants create a synergistic mix that draws consistent daily traffic and complements nearby retail and medical users. The center benefits from strong in-place income, long-term leases, and minimal management requirements, making it an ideal turnkey investment for private or institutional buyers.

With its strategic Highway 20 frontage, efficient 3.9 per 1,000 SF parking ratio, and established tenancy, the Willamette Wellness Center represents a stable, low-risk investment with dependable cash flow in one of Oregon’s most dynamic university markets.

Investment highlights

  • Established Tenants Fitness Over 50, Thrive Pt, and Grey Fox Golf Offer Long-term Stability
  • Highway 20 Exposure 15,531 Daily Vehicles Offer Strong Visibility and Easy Site Access
  • Leased Investment 100% leased with steady NOI and low oversight
  • Prime Corvallis Area Close to OSU, downtown, and major community amenities
  • Flexible Floor Plan Multi-suite design ideal for fitness, medical, or retail users
  • Ample Parking 3.9 spaces per 1,000 SF supports tenants and customer access
  • Modern Construction Updated finishes and efficient systems reduce maintenance
  • Growing Market Corvallis population and economy continue steady growth

Listing Contacts

ET
OR 201245391
Compass Commercial Real Estate Services
DK
OR 201203140
Compass Commercial Real Estate Services
Compass Commercial Real Estate Services
Listed by Compass Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$188,400.00
$15,700.00/mo

Valuation Metrics

0
DSCR
6.52%
Cap Rate
6.52%
ROI

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Additional Information

Name
Emilio Tiscareno
License
201245391
Brokerage Phone
541-383-2444
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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