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130 NW 19th st. 130 NW 19th St 3,631 SF 100% Leased Retail Building Newport, OR 97365 $650,000 ($179.01/SF) 6.10% Cap Rate
EXECUTIVE SUMMARY
A two tenant building where each tenant's lease has recently been renewed for an additional 5 years. Both tenants are long term businesses in Newport, both have been long term tenants at the building. The building is in excellent condition and has been well maintained.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
3,631 SF
Year Built
2005
Price
$650,000
Price Per SF
$179.01
Cap Rate
6.10%
NOI
$39,650
Percent Leased
100%
Building Height
1 Story
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Cobblestone Pizza
- -
- -
- -
- -
- Hair Nation
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Cobblestone Pizza | - | - | - | - | ||
| Hair Nation | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R246084 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $514,500 |
PROPERTY TAXES
Parcel Number
R246084
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$514,500
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130 NW 19th st. | 130 NW 19th St
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