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Broadway Mixed-Use Park 2 biens • Commerce de détail • À vendre 12 898 301 $ CAD • Eugene, OR



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Visites 3D Matterport
FAITS SAILLANTS DE L'INVESTISSEMENT
- Premier Downtown Eugene portfolio with national and long-term tenants in two adjacent buildings on a highly visible corner.
- Ideally 95% leased with stabilized income, the property's value reflects pro forma rent on one vacancy backed by a six-month seller rent guarantee.
- Backed by long-term stability, the anchor tenants, Wells Fargo is leased through 2030, and Broadway Metro Theater has a lease through 2029.
- Experience elevated curb appeal as both façades were remodeled: 45 W Broadway in 2012 and repainted in 2024, and 856 Willamette in early 2018.
- Diverse tenant mix of office, retail, and multifamily, creating balanced income streams and reduced vacancy risk for investors.
RÉSUMÉ DE L'ANNONCE
Embark on an outstanding Downtown Eugene investment portfolio comprising two adjacent buildings, 45 West Broadway and 856 Willamette Street, at a highly visible corner in the heart of Eugene’s urban core. Together, the buildings offer a rare opportunity to acquire a nearly fully leased portfolio with long-term and national tenants, stabilized cash flow, and value-add upside through future lease-up and rent growth.
The portfolio is 95% occupied, with the one retail vacancy at 45 West Broadway secured by a six-month rent guarantee. Tenants include Wells Fargo, which has a lease through 2030, and Broadway Metro Theater, which is leased through 2029, providing dependable income from strong credit-worthy anchors. Moosejaw, at 856 Willamette Street, holds a lease through April 30, 2028, but does not intend to occupy the space. This tenant is currently paying a below-market rate of $1.02 per square foot, and a potential buyout could be positioned as a value-add for a future buyer.
Both properties have undergone extensive exterior improvements, enhancing curb appeal and minimizing near-term capital needs. 45 West Broadway received a full façade remodel in 2012 and a fresh repaint in 2024, while 856 Willamette’s remodel was completed in early 2018. The buildings encompass a mix of office, retail, and multifamily uses, offering diversified income streams and reduced vacancy risk for investors.
The portfolio sits at a prominent downtown intersection with high foot traffic, excellent visibility, and adjacency to Eugene’s best retail, dining, and public transit options. The area is experiencing significant public and private investment, driven by population growth, the University of Oregon’s economic influence, and ongoing revitalization efforts in the downtown core. 45 West Broadway and 856 Willamette Street combine stable cash flow with potential for long-term appreciation in one of Oregon’s most dynamic urban markets.
The portfolio is 95% occupied, with the one retail vacancy at 45 West Broadway secured by a six-month rent guarantee. Tenants include Wells Fargo, which has a lease through 2030, and Broadway Metro Theater, which is leased through 2029, providing dependable income from strong credit-worthy anchors. Moosejaw, at 856 Willamette Street, holds a lease through April 30, 2028, but does not intend to occupy the space. This tenant is currently paying a below-market rate of $1.02 per square foot, and a potential buyout could be positioned as a value-add for a future buyer.
Both properties have undergone extensive exterior improvements, enhancing curb appeal and minimizing near-term capital needs. 45 West Broadway received a full façade remodel in 2012 and a fresh repaint in 2024, while 856 Willamette’s remodel was completed in early 2018. The buildings encompass a mix of office, retail, and multifamily uses, offering diversified income streams and reduced vacancy risk for investors.
The portfolio sits at a prominent downtown intersection with high foot traffic, excellent visibility, and adjacency to Eugene’s best retail, dining, and public transit options. The area is experiencing significant public and private investment, driven by population growth, the University of Oregon’s economic influence, and ongoing revitalization efforts in the downtown core. 45 West Broadway and 856 Willamette Street combine stable cash flow with potential for long-term appreciation in one of Oregon’s most dynamic urban markets.
VISITES 3D MATTERPORT
856-888 Willamette St
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DÉPLIANT DE VENTE
FAITS SUR LA PROPRIÉTÉ
| Prix | 12 898 301 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 321,96 $ CAD / pi² | Individuellement en vente | 1 |
| Taux de capitalisation | 7,75% | Taille totale du bâtiment | 40 062 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,50 AC |
| Statut | Actif |
| Prix | 12 898 301 $ CAD |
| Prix/pi² | 321,96 $ CAD / pi² |
| Taux de capitalisation | 7,75% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 1 |
| Taille totale du bâtiment | 40 062 pi² |
| Superficie totale du terrain | 0,50 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
|
Broadway Retail Park
856-888 Willamette St, Eugene, OR 97401 |
Commerce de détail | 21 530 pi² | 1974 | - |
|
First on Broadway
45 W Broadway, Eugene, OR 97401 |
Commerce de détail | 18 532 pi² | 1950 | 8 243 981 $ CAD |
CONSEILLER(ÈRE) EN VENTE
CONSEILLER(ÈRE) EN VENTE
McKenna Mikesell, Broker
McKenna Mikesell is Vice President at RSM Real Estate Group. After graduating from Oregon State University with a degree in marketing, McKenna joined RSM Investments in 2019 as a Sales and Marketing Specialist. Then, she was later promoted to Vice President in 2022.
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