1572 Mohawk Blvd - Retail FOR SALE


Springfield, OR 97477- Outer Eugene
$4,090,909 USD
503-201-1309
1572 Mohawk Blvd, Springfield, OR for Sale
$4,090,909 USD
Retail - FOR SALE
1/7
null | 5.5% Cap Rate

1572 Mohawk Blvd
Springfield, OR 97477
Outer Eugene


HIGHLIGHTS

  • New Construction
  • Strong sales
  • 20 year absolute NNN Lease

OVERVIEW

NNNet Advisors is pleased to offer the opportunity to acquire a Single Tenant Net Leased Investment located in Springfield, Oregon. This is a newly constructed Dave’s Hot Chicken. The Seller/Operator is the #1 Dave’s Franchisee in the system with over 10 stores open and/or in development in Oregon and SW Washington. The Franchisee is very well established as a multi-unit Franchisee of Carl’s Jr., Jersey Mike’s, The Human Bean and Hawaiian Bros with over 100 units in operation. The investment will commence with a new 20 year triple net lease at closing. The site benefits from excellent visibility and frontage on the corner of Mohawk Blvd. and 17th Street. The property is surrounded by dense residential population in the main retail hub of eastern Springfield trade area.

FOR SALE DETAILS

PRICE

$4,090,909 USD

PRICE/SF

$1,403 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dave's Hot Chicken Springfield

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

Commercial

APN/PARCEL ID

1703253102700

ASK ABOUT THIS PROPERTY

Josh VeentjerNNNet AdvisorsMore Info
503-201-1309

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Josh VeentjerNNNet AdvisorsMore Info
503-201-1309

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.