Description
Single National Tenant with Corporate Guaranty. Prominent downtown corner location on State Highway 20. Stand alone building with full interior renovation in 2014-15, new 25-year roof and HVAC in 2021. 7 on-site parking spaces. Current under-market lease expires in July 2027 with one five-year option at market. Huge upside upon renewal. Tenant has occupied since 2015. True legacy asset. Perfect for excess 1031 funds, portfolio cash, or future business location. Owner is a licensed broker in Oregon.
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Single National Tenant with Corporate Guaranty. Prominent downtown corner location on State Highway 20. Stand alone building with full interior renovation in 2014-15, new 25-year roof and HVAC in 2021. 7 on-site parking spaces. Current under-market lease expires in July 2027 with one five-year option at market. Huge upside upon renewal. Tenant has occupied since 2015. True legacy asset. Perfect for excess 1031 funds, portfolio cash, or future business location. Owner is a licensed broker in Oregon.
© 2023 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2023-10-01T17:08:46.947.