106-150 W Broadway Ave
Eugene, OR 97401
Retail Property For Sale

The offering provides an opportunity to acquire a multi-tenant office/retail building with frontage on Broadway Street, a main arterial in downtown Eugene. The Property was originally constructed in 1960, and was recently renovated in 2012 with a brand new roof, exterior window replacements, and new awnings. The Subject's location in downtown Eugene offers significant foot and vehicular traffic and is in close proximity to some of the area's largest employers,including the University of Oregon. The University employs over 4,800 staff and has an enrollment of over 25,000 students. The Broadway & Olive Building is 100%-leased to a total of eight tenants, with scheduled rent growth for nearly 75% of the GLA. Tenants offer staggered lease expirations and no rollover until 2018.