Stand-Alone Building - Investment Property | 651-655 W 7th Ave
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Stand-Alone Building - Investment Property 651-655 W 7th Ave
4,680 SF 100% Leased Retail Building Eugene, OR 97402 $1,194,600 ($255/SF) 5% Cap Rate
Executive Summary
Excellent income property with a long-term tenant (10-year lease)
Building to be completely renovated: New roof, HVAC, lighting, plumbing, tenant build out includes offices, restrooms, lab space, exam rooms, dispensary.
Building to be completely renovated: New roof, HVAC, lighting, plumbing, tenant build out includes offices, restrooms, lab space, exam rooms, dispensary.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,680 SF
Building Class
C
Year Built
1980
Price
$1,194,600
Price Per SF
$255
Cap Rate
5%
NOI
$59,730
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.25 AC
Zoning
C-2
Parking
16 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
45 FT on 7th Ave
Amenities
- Signage
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0264604 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $390,560 |
PROPERTY TAXES
Parcel Number
0264604
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$390,560
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Stand-Alone Building - Investment Property | 651-655 W 7th Ave
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