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Listed by MAJ Commercial Real Estate
$ 2,238,095
Est. payment /mo
Price Dropped by $111K
1320 W 7TH AVE Eugene, OR 97402
1,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $1,177
MLS Listing ID 356797375
Year Built 2024
Annual Tax Amount $31,957
Tax Year 2025
Lot Size 0.360 Acres
Property Sub-Type Income
Property Description
This offering represents a prime opportunity to acquire a newly constructed, high-quality, commercial asset leased to Black Rock Coffee Bar under a long-term, corporate guarantee, providing stable and predictable cash flow. The lease structure minimizes landlord responsibilities, offering a passive investment profile with built-in rent escalations. The property features a well-maintained building with strong curb appeal, thoughtfully designed to support efficient tenant operations and convenient customer access. Located in Eugene, the property benefits from a vibrant and growing community know for its strong economic fundamentals, high quality of life, and diverse population base. As the home of University of Oregon, Eugene enjoys a steady influx of students, faculty and visitors, supporting consistent retail and service demand. The city's economy is anchored by education, healthcare, technology, and manufacturing, providing stability and long-term growth potential. Additionally, Eugene's reputation for outdoor recreation, sustainability, and livability continues to attract new residents and businesses, further enhancing its appeal as a desirable investment location. Tenant highlights: NASDAQ-listed public company Ticker: BRCB, Over 180 locations across seven states, $200M+ annual revenue, 24%+ year-over-year revenue growth, Strong same-store sales growth (~10%)High store-level margins (~29%), 10% Increases every 5 years Newly Developed, Anchored by 7-Eleven. NNN Lease, 13 years remaining on initial term. Roof and Structure are the Tenant's responsibility.
Location
State OR
County Lane
Area _245
Zoning C-2
Interior
Heating Other
Exterior
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
