Skip to main content

Shopping Strip

Northgate Shopping Center

1300 Mohawk Blvd, Springfield, OR 97477

Listing Price: $6,130,000

Cap Rate
7.10%
Rentable SF
30,728
Lot Size
2.40 acres
Year Built
1962

Investment Overview

Marcus & Millichap has been exclusively chosen to market Northgate Shopping Center in Springfield, Oregon, is a well-positioned retail hub encompassing two parcels totaling 30,728 square feet on a 2.40-acre lot along Mohawk Boulevard. The center benefits from excellent visibility with nearly 17,000 vehicles passing daily and is shadow anchored by Walgreens, while nearby national retailers such as McDonald’s, Starbucks, Dollar Tree, and Walmart help drive consistent foot traffic. Ample on-site parking and multiple points of ingress and egress ensure convenient access for both tenants and visitors.

The shopping center features a diverse mix of tenants, including popular restaurants, service providers, and specialty shops like Wingstop, Northgate Hair Care, Suds ’Em, and All In One Smoke Shop, creating a vibrant community-focused environment. Many tenants have lease expirations extending as far as 2030, providing long-term stability for the center. With its strategic location, high customer volume, and comprehensive amenities, Northgate Shopping Center serves as a premier neighborhood retail destination, offering both convenience and variety to shoppers across Springfield.

Investment Highlights

  • Located on Mohawk Boulevard with exposure to nearly 17,000 vehicles daily, the center offers strong visibility and close proximity to major national retailers, driving steady traffic and engagement.
  • Featuring a mix of restaurants, services, and specialty shops, including Wingstop, Gloss Nails, Suds 'Em, and All In One Smoke Shop. The center attracts diverse customers, boosting its draw.
  • Several tenants have lease expirations extending through 2030, providing predictable income streams and strong long-term investment security.
  • Ample on-site parking, multiple access points, a shadow anchor Walgreens, and nearby national retailers make the center highly accessible and appealing to both tenants and shoppers.

Exclusively Listed By

Shopping Strip

Northgate Shopping Center

Listing Price: $6,130,000

Cap Rate
7.10%
Rentable SF
30,728
Lot Size
2.40 acres
Year Built
1962

Investment Highlights

  • Located on Mohawk Boulevard with exposure to nearly 17,000 vehicles daily, the center offers strong visibility and close proximity to major national retailers, driving steady traffic and engagement.
  • Featuring a mix of restaurants, services, and specialty shops, including Wingstop, Gloss Nails, Suds 'Em, and All In One Smoke Shop. The center attracts diverse customers, boosting its draw.
  • Several tenants have lease expirations extending through 2030, providing predictable income streams and strong long-term investment security.
  • Ample on-site parking, multiple access points, a shadow anchor Walgreens, and nearby national retailers make the center highly accessible and appealing to both tenants and shoppers.

Investment Overview

Marcus & Millichap has been exclusively chosen to market Northgate Shopping Center in Springfield, Oregon, is a well-positioned retail hub encompassing two parcels totaling 30,728 square feet on a 2.40-acre lot along Mohawk Boulevard. The center benefits from excellent visibility with nearly 17,000 vehicles passing daily and is shadow anchored by Walgreens, while nearby national retailers such as McDonald’s, Starbucks, Dollar Tree, and Walmart help drive consistent foot traffic. Ample on-site parking and multiple points of ingress and egress ensure convenient access for both tenants and visitors. The shopping center features a diverse mix of tenants, including popular restaurants, service providers, and specialty shops like Wingstop, Northgate Hair Care, Suds ’Em, and All In One Smoke Shop, creating a vibrant community-focused environment. Many tenants have lease expirations extending as far as 2030, providing long-term stability for the center. With its strategic location, high customer volume, and comprehensive amenities, Northgate Shopping Center serves as a premier neighborhood retail destination, offering both convenience and variety to shoppers across Springfield.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower