1990 11Th Ave, Eugene, OR 97402
7,912 SF | Retail Building | Eugene, OR 97402 | $1,978,000 ($250/SF) | 6.40% Cap Rate
For Sale
Active
Asking Price $1,978,000
- Property Type
-
Retail
- Square Feet
- 7,912 SF
- Price / Square Foot
- $250
Listing Contacts
- Property Info
Property Overview
This investment opportunity presents a corporate-guaranteed lease with Aaron’s Rent-to-Own Center, which ensures a stable and reliable income stream. The property underwent significant updates in 2022, including installing a new membrane roof and a complete repaint, guaranteeing low maintenance costs for the future.
This property is positioned on a high-visibility corner within the W 11th Avenue retail corridor and benefits from substantial traffic counts. The lease expires on January 1, 2028, and includes two 5-year renewal options with 10% rental increases every 5 years. This is a remarkable long-term investment opportunity. Don't miss out on the chance to invest in a prime commercial real estate asset with a strong corporate tenant.
This property is positioned on a high-visibility corner within the W 11th Avenue retail corridor and benefits from substantial traffic counts. The lease expires on January 1, 2028, and includes two 5-year renewal options with 10% rental increases every 5 years. This is a remarkable long-term investment opportunity. Don't miss out on the chance to invest in a prime commercial real estate asset with a strong corporate tenant.
Property Details
- Class
- B
- Year Built/Renovated
- 2009/2022
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 19,602 SF
Highlights
- Corporate Guaranteed Investment Property
- Located on high visibility corner
- 36,660 traffic counts
- New membrane roof
- Building repainted in 2022
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].