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7-Eleven & AT&T 3738 W 11th Ave 6,591 SF Retail Building Eugene, OR 97402 $8,957,619 CAD ($1,359.07 CAD/SF) 5.50% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% Leased | Investment-Grade Tenants | NNN Leases | Minimal Landlord Responsibilities
- Across From Lowe’s & Fred Meyer Anchored Center | Prime Retail Corridor
- Fee Simple Ownership | Bonus Depreciation Opportunity
- Strong Demographics & Consumer Base | University Proximity
EXECUTIVE SUMMARY
SRS Multi-Tenant Investments is pleased to present the opportunity to acquire the fee simple interest in a 100% leased, two-tenant retail property in Eugene, Oregon. The asset is leased to 7-Eleven and AT&T, both investment-grade tenants on long-term, NNN leases with minimum landlord responsibilities, providing passive income. 7-Eleven has executed a 15-year lease with three (5-year) renewal options, while AT&T recently signed a 10-year lease with two (5-year) renewal options, reflecting their long-term commitment to the site. Both leases feature 10% rental increases every five years, steadily building NOI and offering a built-in inflation hedge. In addition, The subject property has been newly constructed and was recently placed in service, qualifying for 100% bonus depreciation and creating meaningful tax advantages for investors seeking both stable cash flow and immediate depreciation benefits.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
6,591 SF
Building Class
B
Year Built
2023
Price
$8,957,619 CAD
Price Per SF
$1,359.07 CAD
Cap Rate
5.50%
NOI
$492,637 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.25 AC
Zoning
C-2
Parking
50 Spaces (7.59 Spaces per 1,000 SF Leased)
Frontage
110’ on 11th Ave
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0464733 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,948,051 CAD |
PROPERTY TAXES
Parcel Number
0464733
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,948,051 CAD
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7-Eleven & AT&T | 3738 W 11th Ave
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