1320 W 7th Ave, Eugene

$9,336,000

0 Bed
0 Bath
6,000 Sqft
1.09 Acres
0 Garage

NNN Investment Opportunity! New Development, consisting of two buildings, one leased to 7-Eleven C-Store with Fuel and other to Black Rock Coffee. 7-Eleven opened for business Dec 2023. They have a new 15-year term, with increases every 5 years. Real Estate professionals can take advantage of the bonus depreciation. Black Rock was completed January, estimated to be open in Feb. 2024. 15 year term with increases every 5 years. Estimated NOI $527,503 / offered at a 5.65% cap.

Essential Information
MLS® #23485243
Price$9,336,000
Bathrooms0.00
Square Footage6,000
Acres1.09
Year Built2023
TypeCommercial Sale
Sub-TypeIncome
StatusActive
Community Information
Address1320 W 7th Ave
Area245 - Lane Co: West Eugene
CityEugene
CountyLane
StateOR
Zip Code97402
Interior
HeatingForced Air
CoolingCentral Air
# of Stories1
Additional Information
Date ListedOctober 12th, 2023
Days on Market144
ZoningS-C
Listing Details
OfficeMAJ Commercial Real Estate
Property History
Price Reduced from $9,789,000 to $9,336,000
Status Changed from Pending to Active
Status Changed from Active to Pending
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Listing information last updated on March 4th, 2024 at 8:55pm PST.