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Main Street Plaza 306 Main St

10,414 SF 100% Leased Office Building Dallas, OR 97338 $1,000,000 ($96/SF) 7.10% Cap Rate

Investment Highlights

  • 100% leased multi-tenant commercial investment opportunity in high-growth Dallas, Oregon.
  • Eight (8) tenants on two (2) levels includes a balanced and stable mix of professional office, medical office, and community service providers.
  • High traffic, high visibility location along Main Street, one of Dallas’ two primary commercial arterials.

Executive Summary

Coho Commercial is pleased to offer for sale Main Street Plaza, a 100% leased multi-tenant commercial investment property located in the fast-growing community of Dallas, Oregon. With a prominent and highly visible location directly fronting high-traffic Main Street, the approximate 10,414 SF, two-level, eight (8) tenant building features a stable mix of professional office, medical office, and community-focused service providers. The Main Street Plaza site encompasses approximately 34,147 SF (0.78 acres) with three (3) ingress/egress points and parking for approximately forty-two (42) vehicles as currently configured, a ratio of 4:1,000 SF overall. The property is zoned CG- Commercial General, providing excellent long-term flexibility to meet the needs of a wide range of commercial tenant uses. Originally constructed in 1969, this well-maintained property has been under the same local family ownership since 1987. Please contact the Listing Agents for additional information.

Attachments

OM

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
10,414 SF
Building Class
C
Year Built
1969
Price
$1,000,000
Price Per SF
$96
Cap Rate
7.10%
NOI
$70,954
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,414 SF
Building FAR
0.27
Land Acres
0.90 AC
Opportunity Zone
Yes
Zoning
Dallas CG - Commercial General
Parking
42 Spaces (4.03 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Agape Physical Therapy
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Bambinos
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Bridges to Success
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Chiropractic First Wellness Center
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • Dallas Food Bank
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Joyful Sound
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Valley Dentures
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Agape Physical Therapy Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Bambinos Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Bridges to Success Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Chiropractic First Wellness Center Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum -
Dallas Food Bank Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Joyful Sound Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Valley Dentures Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum -
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
144775
Land Assessment
$119,600
Improvements Assessment
$496,930
Total Assessment
$616,530
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 31683954

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 306 Main St, Dallas, OR 97338

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