856-888 Willamette St 21,628 SF 48% Leased Retail Building Eugene, OR 97401 $6,573,620 CAD ($303.94 CAD/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
$6,573,620 CAD
Price Per SF
$303.94 CAD
Cap Rate
7%
NOI
$460,153 CAD
Percent Leased
48%
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

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 856
  • 11,290 SF
  • Retail
  • -
  • Now

Space features 3 levels, main, mezzanine and basement. TI's and free rent period negotiable!

Space Size Space Use Position Available
856 11,290 SF Retail - Now

856

Size
11,290 SF
Space Use
Retail
Position
-
Available
Now
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (100)

NEARBY MAJOR RETAILERS

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

PROPERTY TAXES

  • Listing ID: 32771832

  • Date on Market: 2024-08-12

  • Last Updated:

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