1020 Commercial Street
Astoria, OR 97103 ·
4,356 SF · Retail For Sale
Net Leased Retail - 15% Cap in Year 5!
|Price||N/A||Property Use Type||Net Lease Investment with 5 years left on lease|
|Building Size||4,356 SF||Cap Rate||9%|
|Property Sub-type||Street Retail||Tenancy||Single|
|Listing ID: 16937171||Date Created: 12/03/2010||Last Updated: 09/13/2012|
9% Cap in Year 1, moving to 15% cap in Year 5. Possible 10% down with seller carryback of 20% down payment. Possible loan in the low-to-mid 4% range.
Heart of the commercial district in downtown Astoria.
- Leases are NNN
- Taxes, insurance, maintenance and repair expenses all paid by tenant
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