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Harrison Place 405-435 NW 5th

12,283 SF 100% Leased Office Building Corvallis, OR 97330 $3,445,000 ($280/SF) 6.46% Cap Rate

Office Space Oregon Corvallis 405-435 NW 5th, Corvallis, OR 97330

Investment Highlights

  • 100% Leased
  • Main arterial street accessing downtown

Executive Summary

100% leased multi-tenant office complex. Situated on half a city block subject to a long term land lease

Attachments

Edwards Mkt 2025

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 - -
Operating Expenses - -
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 -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
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
12,283 SF
Building Class
C
Year Built
2000
Price
$3,445,000
Price Per SF
$280
Cap Rate
6.46%
NOI
$222,647
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
6,142 SF
Building FAR
0.41
Lot Size
0.69 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CMU - Community Mixed Use
Parking
32 Spaces (2.61 Spaces per 1,000 SF Leased)
1 of 1
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (100)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 400817
  • 400804
  • 400820
 Improvements Assessment $0
Land Assessment $0 Total Assessment $1,993,397

PROPERTY TAXES

Parcel Numbers
Multiple
  • 400817
  • 400804
  • 400820
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,993,397
(541) 760-1973

Contact

  • Listing ID: 29210601

  • Date on Market: 8/7/2023

  • Last Updated:

  • Address: 405-435 NW 5th, Corvallis, OR 97330

More public record information on 405-435 NW 5th, Corvallis, OR 97330

The Office Property at 405-435 NW 5th, Corvallis, OR 97330 is currently available for sale. Contact COMMERCIAL ASSOCIATES for more information.

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405-435 NW 5th, Corvallis, OR for sale Primary Photo- Image 1 of 8
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405-435 NW 5th, Corvallis, OR for sale Building Photo- Image 2 of 8
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405-435 NW 5th, Corvallis, OR for sale Building Photo- Image 7 of 8
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Harrison Place | 405-435 NW 5th
(541) 760-1973 x

Harrison Place | 405-435 NW 5th

Gary Pond

(541) 760-1973

(541) 760-1973

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