1990 W 11th Ave - Freestanding FOR SALE


Eugene, OR 97402
$1,978,000 USD
541-521-0404
1990 W 11th Ave, Eugene, OR for Sale
$1,978,000 USD
Freestanding - FOR SALE
1/10
null | 6.4% Cap Rate

1990 W 11th Ave
Eugene, OR 97402


HIGHLIGHTS

  • Corporate Guaranteed Investment Property
  • Located on high visibility corner
  • 36,660 traffic counts
  • New membrane roof
  • Building repainted in 2022

OVERVIEW

This investment opportunity presents a corporate-guaranteed lease with Aaron’s Rent-to-Own Center, which ensures a stable and reliable income stream. The property underwent significant updates in 2022, including installing a new membrane roof and a complete repaint, guaranteeing low maintenance costs for the future. This property is positioned on a high-visibility corner within the W 11th Avenue retail corridor and benefits from substantial traffic counts. The lease expires on January 1, 2028, and includes two 5-year renewal options with 10% rental increases every 5 years. This is a remarkable long-term investment opportunity. Don't miss out on the chance to invest in a prime commercial real estate asset with a strong corporate tenant.

FOR SALE DETAILS

PRICE

$1,978,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Investment - Corporate Guaranteed

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,673 SF

ZONING

-

APN/PARCEL ID

0482248

ASK ABOUT THIS PROPERTY

Tim CampbellCampbell Commercial Real EstateMore Info
541-521-0404

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Tim CampbellCampbell Commercial Real EstateMore Info
541-521-0404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.