First Commercial Real Estate

JUST LISTED

This newly constructed mixed-use building in the historic district of downtown Independence presents an exceptional opportunity for businesses seeking a prominent location in this charming community. Situated at the corner of South Main Street and E Street, the ground-level retail/office spaces are
ideally positioned for visibility and accessibility.

With up to 3,100 square feet available, the space can be configured to meet tenant needs, including the option to divide into smaller units.

The landlord offers a tenant improvement allowance for qualified tenants
committing to a multi-year lease, providing flexibility to build out the space to suit your business requirements.

Have questions? Click here to learn more.

FEATURED LISTING

ONE MONTH FREE RENT FOR EACH YEAR OF INITIAL LEASE TERM,
UP TO FIVE MONTHS

Property Overview:
Beautiful downtown professional office space located in Riverview Place. The professional office building consists of four levels with the first level designated as under building parking. The second floor office suite is available for lease (4,078 USF/ 4,238 RSF) and includes reception area, 10 private offices, large open collaboration area, one conference room, lunchroom, IT room and two ADA restrooms.

Have questions? Click here to learn more.

RECENT CLOSING

We are proud to announce the successful sale of the South Salem Strong Heights middle-housing portfolio, consisting of 12 buildings and 24 total units, for $7,053,000. The sale was completed at a 5.93% cap rate, underscoring the strong demand for middle-housing assets in the Willamette Valley. The transaction reflects a price per building of $587,750 ($293,875 per unit | $317 p/sf). This transaction represents a significant investment in the market from qualified out-of-state buyers, further emphasizing the attractiveness of this emerging asset class in our marketplace.

FCRE’s Tanner Morgan and Josh Kay represented the Sellers in this deal.

COMMUNITY SPOTLIGHT

This event brings together the Mid-Willamette Valley's growers, processors, producers, service providers, and other leaders in Willamette Valley Ag and the
Ag Supply Chain. 

For this event we also invite businesses that support the Ag community to join us as event sponsors and to bring some resources to demonstrate how they can help. A true one-stop opportunity for information!