Woodburn Storage – Woodburn, OR
680 South Pacific Hwy, Woodburn, OR 97071
Situated on 12.74 acres, the Property spans 193,380 NRSF, plus an additional 37,680 NRSF of uncovered parking. The facility offers 790 total units, including 507 self-storage units, 35 fully enclosed RV units, 168 covered parking spaces, and 80 open parking spaces. Woodburn Self Storage offers 800’ of frontage along Highway 99E with over 12,000 vehicles passing daily.
The Property is 72% occupied (76% by units), having leased over 161,000 SF in 31 months, demonstrating strong area demand. Continued 2026 momentum, totaling 135 net rentals through August, has put the Property on track for near-term stabilization. Overall, in-place rent of $0.76/SF vs. a market average of $0.85/SF points to additional upside through rental increases. Additionally, the Property’s self-storage units are 85% occupied, and enclosed RV storage above 90%, creating an ideal scenario to begin an aggressive ECRI strategy.
Woodburn is approximately 17 miles south of Portland and 19 miles north of Salem and sits at the confluence of several major transportation corridors; I-5 and 99E running north-south; and Highway 214/219 running east-west. The strategic transportation infrastructure and proximity to Oregon’s two largest cities drives meaningful growth resulting in a nearly 65% population increase since 2000. Major employers include Woodburn Premium Outlets with over 4.5 million visitors annually and Amazon’s recently opened 3.8 million SF fulfillment center with approximately 2,800 local jobs.
Woodburn Self Storage represents an opportunity to acquire a best-in-class, newly built facility in one of Oregon’s fastest growing submarkets, at an attractive basis with multiple upside opportunities.