74B Centennial Loop 26,487 SF 91% Leased Office Building Eugene, OR 97401 $13,373,435 CAD ($504.91 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Centennial Medical Building is located on Centennial Loop, adjacent Martin Luther King Boulevard, a main road connecting Eugene with Springfield, and a high-volume traffic corridor passing Autzen Stadium, the Hatfield Dowling Center, Kilkenny Field and Mishofsky Center.
This location is in close proximity to the areas hospitals, PeaceHealth Sacred Heart Medical Center Riverbend and McKenzie-Willamette Hospital. The Slocum Center for Orthopedics & Sports Medicine is adjacent Martin Luther King Boulevard as is major retail shopping.
Interstate 5 access is within blocks of this location.
This location is in close proximity to the areas hospitals, PeaceHealth Sacred Heart Medical Center Riverbend and McKenzie-Willamette Hospital. The Slocum Center for Orthopedics & Sports Medicine is adjacent Martin Luther King Boulevard as is major retail shopping.
Interstate 5 access is within blocks of this location.
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
26,487 SF
Building Class
B
Year Built/Renovated
1997/2006
Price
$13,373,435 CAD
Price Per SF
$504.91 CAD
Cap Rate
7%
NOI
$936,140 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
26,487 SF
Building FAR
0.68
Lot Size
0.90 AC
Zoning
C-2 - Community Commercial
Parking
70 Spaces (2.64 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
SUITE 400: GENERAL OFFICE | PHYSICAL THERAPY | FITNESS USES • 2,497 square feet • On-site parking • Two large restrooms • Offices and large open area • Zoned Community Commercial (C-2) • $1.50 per square foot triple net
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 400 | 2,497 SF | Office | - | Now |
1st Fl-Ste 400
| Size |
| 2,497 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 1
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 1135571 | Total Assessment | $5,728,632 CAD (2023) |
| Land Assessment | $0 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2023) | Tax Year | 2024 |
