855 NW Circle Blvd - Auto Repair FOR SALE
Corvallis, OR 97330 |
855 NW Circle Blvd
Corvallis, OR 97330
HIGHLIGHTS
- Absolute Net lease structure with an 8% rental increase to occur in 2027.
- Strong multi-unit operator overseeing four Oregon locations.
- The Corvallis Jiffy Lube is number one in sales of all the operator’s locations.
- Nine years remaining on the lease with three five-year options to extend.
- Located in a high-traffic retail area on the corner of Pacific Highway West and Circle Boulevard, servicing 19,816 vehicles per day.
- Strong local demographics, surrounded by 20,482 households within a three-mile radius.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Jiffy Lube
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
2000
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
2
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
310398
