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408 Main Ave | Tillamook, OR 97141
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408 Main Ave
Tillamook, OR 97141
Retail Property For Sale
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EXECUTIVE SUMMARY
100% leased to US Bank with 5 year renewal commencing June 1, 2022
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
6,568 SF
Building Class
C
Year Built
1959
Price
$1,650,000
Price Per SF
$251
Cap Rate
7.05%
NOI
$116,325
Tenancy
Single
Building Height
1 Story
Building FAR
0.59
Lot Size
0.26 AC
Zoning
TCC - Tillamook Commercial
Parking
9 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
169 FT on North Main Street
PROPERTY TAXES
Parcel Number | R0120595 | Improvements Assessment | $830,550 |
Land Assessment | $149,230 | Total Assessment | $979,780 |
PROPERTY TAXES
Parcel Number
R0120595
Land Assessment
$149,230
Improvements Assessment
$830,550
Total Assessment
$979,780
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