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901 N 2nd St 1,260 SF Retail Building Silverton, OR 97381 $1,975,227 CAD ($1,567.64 CAD/SF) 7% Cap Rate



EXECUTIVE SUMMARY
• Long-term tenant
• Only quick oil change within 10-mile radius
• NNN lease; tenant pays direct property taxes, insurance, and utilities
• Only quick oil change within 10-mile radius
• NNN lease; tenant pays direct property taxes, insurance, and utilities
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,260 SF
Building Class
B
Year Built
2005
Price
$1,975,227 CAD
Price Per SF
$1,567.64 CAD
Cap Rate
7%
NOI
$138,189 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.33 AC
Zoning
C-3
Parking
6 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
74’ on 2nd St
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Services
- -
- $32.55 CAD
- Triple Net
- Aug 2020
Valvoline™ has spent more than 150 years under the hood perfecting their lubricants to improve vehicle performance. As a division of Valvoline, Valvoline Instant Oil Change is a part of that rich heritage. With oil changes in about 15 minutes and over 1,500+ locations, Valvoline Instant Oil Change will keep clients drivers on the road so they stay on top of their business. With their preventive maintenance services they’ll save on average 20-50% more than most dealerships.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Services | - | $32.55 CAD | Triple Net | Aug 2020 |
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 516682 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $532,717 CAD |
PROPERTY TAXES
Parcel Number
516682
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$532,717 CAD
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901 N 2nd St
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