325 Main St - Auto Repair FOR SALE


Dallas, OR 97338
$1,412,000 USD
480-221-4221
325 Main St, Dallas, OR for Sale
$1,412,000 USD
Auto Repair - FOR SALE
1/4
null | 4.25% Cap Rate

325 Main St
Dallas, OR 97338


HIGHLIGHTS

  • Brand New 20-Year Lease | Corporate Signed Ground Lease | Scheduled Rental Increases
  • Investment Grade Tenant (S&P: BBB) |Brand New Construction
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Main Street (8,600 VPD) | OR-223 (17,100 VPD) | Mill Valley Square (98,000 SF) | Primary Retail Corridor
  • Six-Figure Incomes

OVERVIEW

• Recently signed a brand new 20-year lease with 4 (5-year) option periods to extend, demonstrating their long term commitment to the site • AutoZone Parts Inc. (S&P: BBB) corporate signed lease • Features 5% rental increases every 5 years throughout the initial term and at the beginning of each option, increasing NOI and hedging against inflation • The property features brand new construction, with with modern design and state-of-the-art amenities

FOR SALE DETAILS

PRICE

$1,412,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AutoZone | New 20yr Corp Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

CG

APN/PARCEL ID

07533-BB-02400

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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