1210 Mohawk Blvd | Springfield, OR 97477
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- LoopNet Team
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
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
Zoning
MUC
Parking
50 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0210862 | Improvements Assessment | $4,252,227 |
| Land Assessment | $901,792 | Total Assessment | $5,154,019 |
PROPERTY TAXES
Parcel Number
0210862
Land Assessment
$901,792
Improvements Assessment
$4,252,227
Total Assessment
$5,154,019
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