FOR SALE | 2301 Portland Rd, Newberg, OR 97132

Details

Price$1,720,000
Size5,707 SF
Acres0.52
ZoneC-2

Constructed in 1994 and currently leased to O’Reilly Auto Parts. O’Reilly Auto Parts has occupied the building since August 31, 2011 and effective May 1, 2025 O’Reilly committed to an 8 year lease term with (3) 5-yr options to renew.

O’Reilly Auto Parts operates over 6,400+ stores across the U.S., Puerto Rico, Mexico, and Canada . In 2024, it generated $16.7 billion in total revenue, marking a 5.7% year-over-year increase and continuing a 32-year streak of comparable store sales growth.

The property is located on Portland Rd, also known as Highway 99W, which is a main arterial route connecting the Southern Willamette Valley to Portland and passing directly through Newberg. This location benefits from consistent year-round traffic (~33,000 VPD) from both local commuters and regional travelers.

KHARI GATES
BROKER
LICENSED IN THE STATES OF
OREGON & WASHINGTON

503.830.1118 CELL
khari@smire.com

ASHLEY OFFENSEND
BROKER
LICENSED IN THE STATE OF OREGON

415.710.4918 CELL
ashley.offensend@smire.com