4242 W 11th Ave | Eugene, OR 97402
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- LoopNet Team
4242 W 11th Ave
Eugene, OR 97402
Elements Health Club · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease Extension
- High-Yield Investment with Average Cap Rate of 8.46% Over the Firm Term
- Strong Fitness Segment Growth
- 2% Annual Rent Increases
- Rapidly Growing Submarket
- High-Barrier to Entry Market with 1.5% Vacancy Rate
PROPERTY FACTS
Property Type
Retail
Property Subtype
Health Club
Building Size
36,278 SF
Building Class
B
Year Built/Renovated
1979/2018
Tenancy
Single
Building Height
2 Stories
Building FAR
0.67
Lot Size
1.24 AC
Zoning
C-2
Parking
70 Spaces (1.93 Spaces per 1,000 SF Leased)
Frontage
673 FT on Commerce
PROPERTY TAXES
| Parcel Number | 1263969 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,756,008 |
PROPERTY TAXES
Parcel Number
1263969
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,756,008
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