806 N 1st St - Retail FOR SALE


Silverton, OR 97381
$1,901,384 USD
541-620-0456
806 N 1st St, Silverton, OR for Sale
$1,901,384 USD
Retail - FOR SALE
1/11
null | 5.26% Cap Rate

806 N 1st St
Silverton, OR 97381


HIGHLIGHTS

  • Single-tenant Starbucks net lease property in operation with a corporate guarantee.
  • Recently built in 2021, offering a modern, low-maintenance retail structure.
  • Positioned on a 0.54-acre parcel with 19 on-site surface parking spaces for customer convenience.
  • Excellent location along North 1st Street, providing strong visibility and accessibility to local traffic patterns.
  • Located within Marion County, near Salem, and accessible to regional transportation corridors.

OVERVIEW

This newly constructed single-tenant retail property presents a premier net lease investment opportunity in Silverton, Oregon. Occupied by Starbucks under a corporate-guaranteed lease, the asset offers long-term stability and dependable income backed by one of the most recognized brands in the world. Constructed in 2021, the building features modern design elements and sits on a 0.54-acre parcel with dedicated parking to accommodate customer demand. Positioned along North 1st Street, the location provides excellent exposure to both local and regional traffic, enhancing visibility for the tenant. Silverton, situated in Marion County, serves as a gateway to Oregon’s scenic destinations and draws residents and visitors alike. The property benefits from proximity to major thoroughfares connecting to Salem and surrounding trade areas, contributing to consistent traffic and reliable footfall. This offering suits investors seeking a low-maintenance asset with a strong corporate tenant, stable tenancy, and a high-quality retail configuration in a growing market. The combination of a new construction building, established tenancy, and a well-located parcel underscores the durability and performance of this investment.

FOR SALE DETAILS

PRICE

$1,901,384 USD

PRICE/SF

$953 USD /SF

CAP RATE

5.26%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C

APN/PARCEL ID

101880

ASK ABOUT THIS PROPERTY

Peter RawlinsRim Rock Investments LLCMore Info
541-620-0456

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Peter RawlinsRim Rock Investments LLCMore Info
541-620-0456

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