408 Main Ave | Tillamook, OR 97141
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408 Main Ave
Tillamook, OR 97141
Retail Property For Sale
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
$2,338,825 CAD
Price Per SF
$356 CAD
Cap Rate
7.05%
NOI
$164,887 CAD
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 | $1,141,022 CAD |
Land Assessment | $205,007 CAD | Total Assessment | $1,346,028 CAD |
PROPERTY TAXES
Parcel Number
R0120595
Land Assessment
$205,007 CAD
Improvements Assessment
$1,141,022 CAD
Total Assessment
$1,346,028 CAD
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