$3,341,886 USD
404-441-3849
HIGHLIGHTS
- Premier Casual Dining Tenant
- NNN Ground Lease with Near-Term Bump
- Excellent Interstate Access & Visibility
- Outparcel to Valley River Center (814,000 SF) | Anchored by JCPenney, Macy's, Regal Cinemas & Round One Entertainment
- Less Than 3 Miles to University of Oregon (Enrollment: 24,462+)
- Eugene-Springfield, OR MSA (Population: 392,601)
OVERVIEW
CBRE is pleased to offer for sale the ±7.4-year BJ‘s Restaurant NNN ground lease situated on approximately 0.72 acres in Eugene, OR (MSA Population: 392,601). The lease includes a 10%rent increase in 2028 and in each of the two, 5-year renewal options. By visits, this site ranks among the top 7% of BJ’s Restaurant & Brewhouse locations nationwide and is the #1 ranking location in the state of Oregon, according to Placer.ai.
FOR SALE DETAILS
PRICE
$3,341,886 USD
PRICE/SF
$289 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BJ's Restaurant and Brewhouse
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
46
LAND DETAILS
LAND ACRES
0.72 AC
LAND SF
31,363 SF
ZONING
C-2
APN/PARCEL ID
0979227
ASK ABOUT THIS PROPERTY
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404-441-3849
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404-441-3849
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