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1300 Center 1300 6th St 7,600 SF 100% Leased Retail Building Umatilla, OR 97882 $1,675,104 CAD ($220.41 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy daytime traffic
- Fully rented from beauty shops, car audios to professional services
EXECUTIVE SUMMARY
Property is fully leased. Leases have escalation clause and/or will go up in January. Sale is subject to tenants rights. Great tenants!! All units have been updated. Fresh paint on outside. Property is in 3 tax lots.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,600 SF
Building Class
C
Year Built/Renovated
1979/2023
Price
$1,675,104 CAD
Price Per SF
$220.41 CAD
Cap Rate
6.75%
NOI
$113,021 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.51 AC
Zoning
C-3
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $427,299 CAD | |
| Land Assessment | $87,506 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $339,793 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$87,506 CAD
Improvements Assessment
$339,793 CAD
Total Assessment
$427,299 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Clark Jennings & Asso. OR, LLC
1300 Center | 1300 6th St
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