7405 Highway 62 - Restaurant FOR SALE


White City, OR 97503
$1,950,000 USD
541-601-7649
7405 Highway 62, White City, OR for Sale
$1,950,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

7405 Highway 62
White City, OR 97503


OVERVIEW

Fully stabilized, 100% leased NNN retail center purpose-built for passive income replacement. $125,125 NOI in place at close -- no lease-up, no vacancy risk, no landlord obligations. Three essential-use tenants (food & beverage, national franchise, dental services) across 7,686 SF with all leases running through 2030. WALE of 4.39 years delivers the income certainty 1031 buyers require. Weighted average annual rent escalations of 2.32% provide inflation-aligned growth without renegotiation. True NNN structure -- tenants pay all taxes, insurance, and CAM. Net cost to owner: $0. Positioned at the high-traffic Hwy 62 & Hwy 140 intersection in White City's premier commercial node, adjacent to the Medford MSA.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

C-G

APN/PARCEL ID

10258209

ASK ABOUT THIS PROPERTY

Rob JellesedRE/MAX Platinum CommercialMore Info
541-601-7649

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Rob JellesedRE/MAX Platinum CommercialMore Info
541-601-7649

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