Retail Space /OR /Marion County /Gervais /415 E Douglas Ave NE
Retail Space /OR /Marion County /Gervais /415 E Douglas Ave NE

415 E Douglas Ave NE - Freestanding FOR SALE


Gervais, OR 97026 | 
$2,058,685 USD
503-222-2655
415 E Douglas Ave NE, Gervais, OR for Sale
$2,058,685 USD
Freestanding - FOR SALE
1/4
null | 7% Cap Rate
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415 E Douglas Ave NE
Gervais, OR 97026

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HIGHLIGHTS

  • Stabilized Intersection on Hwy 99
  • Limited local competition
  • Build to Suit for Dollar General on 2.91 AC Site
  • 3, 5-year options with 10% rent increases in each option
  • Stable passive income backed by national credit tenant and corporate guaranty

OVERVIEW

Free Standing Single Tenant NNN Lease Dollar General Sale Price: $2,058,685 CAP Rate: 7.00% NOI: $144,108 Size: 9,100 SF | 2.91 AC Lot Parking: 30 Stalls Built: 2017 Tenant: Dollar General

FOR SALE DETAILS

PRICE

$2,058,685 USD

PRICE/SF

$226 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.91 AC

LAND SF

126,760 SF

ZONING

CR

APN/PARCEL ID

339788

ASK ABOUT THIS PROPERTY

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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