74B Centennial Loop
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74B Centennial Loop
26,487 SF 91% Leased Office Building Eugene, OR 97401 $13,344,460 CAD ($504 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
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $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
$13,344,460 CAD
Price Per SF
$504 CAD
Cap Rate
7%
NOI
$934,112 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
26,487 SF
Building FAR
0.68
Land Acres
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 |
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1st Fl-Ste 400
| Size | 2,497 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
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
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Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 1135571 | Total Assessment | $5,618,006 CAD (2023) |
| Land Assessment | $0 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
1135571
Land Assessment
$0 CAD (2023)
Improvements Assessment
$0 CAD (2023)
Total Assessment
$5,618,006 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
-
Jeff Elder -
Ashley Elder -
Evans, Elder, Brown, & Seubert Inc.
(541) 345-4860
x102
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74B Centennial Loop
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