3075 Hilyard St - Supermarket FOR SALE
Eugene, OR 97405 |
3075 Hilyard St
Eugene, OR 97405
HIGHLIGHTS
- INVESTMENT GRADE TENANT – Property features an 11-year lease with a corporate guarantee from Albertsons Companies
- COMPLETELY PASSIVE INVESTMENT – The lease is absolute NNN (no landlord responsibilities).
- ANNUAL RENTAL INCREASES – Hedge against inflation with 2% annual rent increases through initial term and option periods.
- SUPERB LOCATION – Property is in the heart of Eugene, OR and only a mile and a half from the University of Oregon.
- STRONG DEMOGRAPHICS – Over 38,000 people located within a 3-mile radius of property, providing a great target market of grocery shoppers.
- RESILIENCE TO ECONOMIC CYCLES – Grocery retail is considered recession-resistant, as consumers prioritize spending on essential goods
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Albertsons
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
33270
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
132
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0649747
