3744 11th Ave - Storefront FOR SALE


Eugene, OR 97402- West Eugene
$6,417,000 USD
714-404-8849
3744 11th Ave, Eugene, OR for Sale
$6,417,000 USD
Storefront - FOR SALE
1/8
null | 5.5% Cap Rate

3744 11th Ave
Eugene, OR 97402
West Eugene


HIGHLIGHTS

  • 100% Leased | Investment-Grade Tenants | NNN Leases | Minimal Landlord Responsibilities
  • Fee Simple Ownership | Bonus Depreciation Opportunity
  • Across From Lowe’s & Fred Meyer Anchored Center | Prime Retail Corridor
  • Strong Demographics & Consumer Base | University Proximity

OVERVIEW

SRS Multi-Tenant Investments is pleased to present the opportunity to acquire the fee simple interest in a 100% leased, two-tenant retail property in Eugene, Oregon. The asset is leased to 7-Eleven and AT&T, both investment-grade tenants on long-term, NNN leases with minimum landlord responsibilities, providing passive income. 7-Eleven has executed a 15-year lease with three (5-year) renewal options, while AT&T recently signed a 10-year lease with two (5-year) renewal options, reflecting their long-term commitment to the site. Both leases feature 10% rental increases every five years, steadily building NOI and offering a built-in inflation hedge. In addition, The subject property has been newly constructed and was recently placed in service, qualifying for 100% bonus depreciation and creating meaningful tax advantages for investors seeking both stable cash flow and immediate depreciation benefits.

FOR SALE DETAILS

PRICE

$6,417,000 USD

PRICE/SF

$974 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven & AT&T

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

C-2

APN/PARCEL ID

17-04-34-41-00200-000

ASK ABOUT THIS PROPERTY

Matthew MousaviSRS National Net LeaseMore Info
714-404-8849

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Matthew MousaviSRS National Net LeaseMore Info
714-404-8849

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