Sold

1320 W 7TH AVE

Eugene OR, 97402

$8,750,000


$1,458.33 per sqft

Sold

6,000 sqft

Commercial

Built in 2023

Courtesy of MAJ Commercial Real Estate

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.

23485243

MLS ID

October 12, 2023

Listed

November 22, 2024

Updated

Map

1320 W 7TH AVE
Eugene OR, 97402

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.09 Acres


Sewer

Public Sewer

Other Property Details

Area Name

_245


Taxes

$27,378


Tax Frequency

Annually


Days on Market

161


Garage

No


View

No


County

Lane


Water Source

Public Water


Pool

No


Zoning

S-C

Listing History

Date

Event

Price

7/17/2024

Sold

$8,750,000

3/22/2024

Pending

3/6/2024

Price change

$8,995,000

-4%

2/7/2024

Price change

$9,336,000

-5%

2/5/2024

Price change

$9,336,000

-5%

1/23/2024

Active

1/8/2024

Pending

Listing Courtesy of MAJ Commercial Real Estate, Brandi Ho. 360-921-0593

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