Listing Summary
Introducing an exceptional NNN investment opportunity in Eugene, Oregon! Situated strategically at the southwest corner of W 11th Ave and Bailey Hill Rd, just 3.5 miles from the University of Oregon, this parcel boasts prime visibility with traffic counts reaching 22,549 ADT on W 11th Ave.
Featuring strong credit tenants including 7-Eleven Inc. and AT&T Corporate, this property provides a total NNN rent of $352,912/year. With a competitive cap rate of 5.5%, the sales price of $6,416,581 makes for a compelling passive investment opportunity. Don't miss the chance to own this prominent piece of real estate in the Pacific NW with stable leases in a high-demand location. Contact our team at CRA for more details on this exclusive listing.
Full Description
Introducing a premier NNN investment opportunity in Eugene, Oregon! Located at the prominent southwest corner of W 11th Avenue and Bailey Hill Road, this property benefits from exceptional exposure and a traffic count of 22,549 ADT. Just 3.5 miles from the University of Oregon, it sits in a thriving retail corridor with strong demographics and high demand.
This fully leased property is anchored by nationally recognized credit tenants, 7-Eleven Inc. and AT&T Corporate, offering investors reliable, long-term rental income of $352,912 annually under NNN leases. With a 5.5% cap rate and a purchase price of $6,416,581, this asset is an attractive option for those seeking passive income and portfolio stability.
With its strategic location, excellent visibility, and strong tenant mix, this property represents a secure and compelling investment opportunity in the Pacific Northwest. Contact CRA today for additional details and offering materials.
Quick Glance
- Listing ID:
CL-Oregon-26174
- Status:
Inactive
- Year Build:
1975
- Building Size:
3,000 SqFt
- Lot Size:
1.00 Acre