444 Stephens St, Roseburg, OR 97470
17,272 SF | Retail Building | Roseburg, OR 97470 | $4,750,000 ($275/SF) | 10.01% Cap Rate
For Sale
Active
7 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $4,750,000
- Property Type
-
Retail
- Square Feet
- 17,272 SF
- Price / Square Foot
- $275
Listing Contacts
Eric Carlton
Verified Profile
Jereme Snyder
Verified Profile
Dave Kotansky
Verified Profile
- Property Info
Property Overview
The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire a long-term value-add NNN retail asset in Roseburg, OR. The dark Rite Aid has 3 years remining in the primary term, is corporate guaranteed, and underwent significant renovations in 2017.
The 17,272 SF building with drive-thru on Large 1.43-acre parcel is positioned on the premier hard corner signalized intersection of SE Stephens Street, SE Washington Avenue, and SE Douglas Avenue which have a combined traffic count exceeding 25,000 VPD. The subject property is positioned a half mile from Interstate 5, which sees over 52,400 VPD, and is the main North/South Corridor Through Oregon and Other West Coast States.
This is a great opportunity to purchase a value add NNN retail asset with a corporate guarantee in one of the most prominent locations in Roseburg.
The 17,272 SF building with drive-thru on Large 1.43-acre parcel is positioned on the premier hard corner signalized intersection of SE Stephens Street, SE Washington Avenue, and SE Douglas Avenue which have a combined traffic count exceeding 25,000 VPD. The subject property is positioned a half mile from Interstate 5, which sees over 52,400 VPD, and is the main North/South Corridor Through Oregon and Other West Coast States.
This is a great opportunity to purchase a value add NNN retail asset with a corporate guarantee in one of the most prominent locations in Roseburg.
Property Details
- Class
- B
- Year Built
- 2006
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 62,291 SF
Highlights
- Long Term Value Add NNN Opportunity - Dark Corp Lease by Rite Aid - Fee Simple/Depreciable
- High Profile Signalized Hard Corner off Interstate 5 Freeway - Main Retail Corridor/Dense Trade Area
- Medium Term In-Place Income during Reposition - Large 1.43 Acre Site - Tall Monument Signage
- Affluent Bedroom Suburb South of Eugene - Valuable Underlying Dirt - 12% Recent Population Growth
- Signalized Hard Corner Site - Double Drive Thru Zoned for Location - Near Roseburg High School
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].