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1210 Mohawk Blvd
Springfield, OR 97477
Walgreens PNW Solid Sales Abs Net 9+Yr 5.25% · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • STABLE INCOME - Income is guaranteed by Walgreens Corp. (S&P BBB-) investment grade Fortune 500 Company with over 9,021 locations.
  • RARE WEST COAST WALGREENS OFFERING - West Coast infill Oregon market with ±150K residents and avg. HH income of ±$70K in 5-mi radius.
  • LOCATED IN EUGENE-SPRINGFIELD MSA - The Eugene-Springfield MSA is the third-largest in the Oregon with over 380,000 residents.
  • ABSOLUTE NET LEASE WITH NO LANDLORD RESPONSIBILITIES – Absolute net lease with ±9.5 years remaining the ten 5-year options.
  • JUST 4 MI NW OF THE UNIVERSITY OF OREGON - Located just 4 mi. NW of the University of Oregon in Eugene (±22,000 students, ±7000 employees).
  • STRONG HISTORY OF SOLID SALES - Walgreens has a 16 yrs. of operations at this location with a strong history of solid sales performance.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.80 AC
Parking
50 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
130’ on Mohawk Blvd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

  • Listing ID: 23872654

  • Date on Market: 8/9/2021

  • Last Updated:

  • Address: 1210 Mohawk Blvd, Springfield, OR 97477