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.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $465,000 | VINTAGE REALTY NORTHWEST | ||
Listed For Sale | $465,000 | VINTAGE REALTY NORTHWEST |
Elementary School Central Elementary School | 0.4 miles away | KG - 05 | |
Elementary School Fairmount Elementary School | 0.9 miles away | KG - 01 | |
Middle & High School Albany Options School | 0.9 miles away | 06 - 12 |