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856-888 Willamette St

21,628 SF 100% Leased Retail Building Eugene, OR 97401 $4,738,700 ($219/SF) 7% Cap Rate

Executive Summary

RATE REDUCED! Prime investment opportunity in the heart of Downtown Eugene. Close to popular Downtown shopping and dining. Leased by two strong retail tenants with upside in lease of 11,290 SF space. Storefront remodeled in 2018 and building upgrades done under current ownership. Low maintenance, easy self manage property.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
21,628 SF
Building Class
B
Year Built/Renovated
1974/2017
Price
$4,738,700
Price Per SF
$219
Cap Rate
7%
NOI
$331,709
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.99
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C-3

Amenities

  • Security System
  • Signage
  • Skylights

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Broadway Metro
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • National Outdoor Retailer
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Broadway Metro Arts, Entertainment, and Recreation 99,999 SF - Lorem Ipsum Jan 0000
National Outdoor Retailer Retailer 99,999 SF - Lorem Ipsum Jan 0000
Walk Score ®
Walker's Paradise (99)
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.®

Nearby Major Retailers

Heritage Bank
Chase
Umpqua Bank
Wells Fargo
U.S. Bank
WaFd Bank
Whole Foods Market
Dutch Bros
Bank of America
Keybank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1042066
  • 1052560
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,620,332
  • Listing ID: 32771832

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 856-888 Willamette St, Eugene, OR 97401

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