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NNN Corporate Building Investment 133 W Broadway 43,272 SF Office Building Eugene, OR 97401 $9,037,619 CAD ($208.86 CAD/SF) 7% Cap Rate
Investment Highlights
- 43,272 SF | 2 Stories + Finished Basement
- Renovated 2022–2024
- Purchase Price: $6,593,000 (7% CAP)
- Single-Tenant NNN Lease
- Prime C-3 Zoned Downtown Location
- Current Rent: $462,249.96 Annually with Scheduled Increases
Executive Summary
FOR SALE – 133 W. BROADWAY | EUGENE, OR
NNN Leased Corporate Investment | 7% CAP
Campbell Commercial Real Estate is pleased to present the sale of 133 W. Broadway, a 43,272 SF, two-story corporate office building with finished basement located in the heart of Downtown Eugene.
The property is 100% leased to Pipeworks Studios, a subsidiary of Virtuos, under a long-term NNN lease structure. The building has undergone extensive renovations between 2020 and 2024, including a new roof, HVAC systems, elevator, stairways, and comprehensive interior modernization.
This offering provides stable, predictable income backed by a nationally recognized technology tenant, with contractual rent increases and renewal options in place.
NNN Leased Corporate Investment | 7% CAP
Campbell Commercial Real Estate is pleased to present the sale of 133 W. Broadway, a 43,272 SF, two-story corporate office building with finished basement located in the heart of Downtown Eugene.
The property is 100% leased to Pipeworks Studios, a subsidiary of Virtuos, under a long-term NNN lease structure. The building has undergone extensive renovations between 2020 and 2024, including a new roof, HVAC systems, elevator, stairways, and comprehensive interior modernization.
This offering provides stable, predictable income backed by a nationally recognized technology tenant, with contractual rent increases and renewal options in place.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Building Size
43,272 SF
Building Class
B
Year Built/Renovated
1955/2024
Price
$9,037,619 CAD
Price Per SF
$208.86 CAD
Cap Rate
7%
NOI
$632,633 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
21,636 SF
Building FAR
2.84
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
C-3 - C-3 Zoning with BW-TD Overlay
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Pipeworks Software Inc
- Information
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Pipeworks Software Inc | Information | 99,999 SF | - | Lorem Ipsum | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 0260941 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,487,791 CAD |
Property Taxes
Parcel Number
0260941
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,487,791 CAD
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NNN Corporate Building Investment | 133 W Broadway
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