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Executive Summary

This offering represents a prime opportunity to acquire a newly constructed, high-quality, commercial asset leased to Black Rock Coffee Bar under a long-term, corporate guarantee, providing stable and predictable cash flow. The lease structure minimizes landlord responsibilities, offering a passive investment profile with built-in rent escalations. The property features a well-maintained building with strong curb appeal, thoughtfully designed to support efficient tenant operations and convenient customer access. Located in Eugene, the property benefits from a vibrant and growing community know for its strong economic fundamentals, high quality of life, and diverse population base. As the home of University of Oregon, Eugene enjoys a steady influx of students, faculty and visitors, supporting consistent retail and service demand. The city's economy is anchored by education, healthcare, technology, and manufacturing, providing stability and long-term growth potential. Additionally, Eugene's reputation for outdoor recreation, sustainability, and livability continues to attract new residents and businesses, further enhancing its appeal as a desirable investment location. Tenant highlights: NASDAQ-listed public company Ticker: BRCB, Over 180 locations across seven states, $200M+ annual revenue, 24%+ year-over-year revenue growth, Strong same-store sales growth (~10%) High store-level margins (~29%), 10% Increases every 5 years Newly Developed, Anchored by 7-Eleven. NNN Lease, 13 years remaining on initial term. Roof and Structure are the Tenant's responsibility.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,900 SF
Building Class
A
Year Built
2024
Price
$2,350,000
Price Per SF
$1,236.84
Cap Rate
5%
NOI
$117,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.36 AC
Zoning
S-C
Parking
27 Spaces (14.21 Spaces per 1,000 SF Leased)
Frontage
242’ on West 7th Avenue

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Jan 2039

Black Rock Coffee Bar began in 2008 as a small drive-thru coffee stand in Beaverton, Oregon, and was founded with a focus on hospitality and personal service. The company has grown into a drive-thru coffee-bar business across multiple states while keeping the barista experience and everyday customer connection at the center of its model. Its offerings include premium caffeinated beverages, roasted coffee, cold brew, teas, smoothies, energy drinks, and food items such as bakery-inspired drinks and egg bites. Black Rock Coffee Bar also sells coffee for at-home use through its online shop, extending the business beyond in-store service.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - Triple Net Jan 2039
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

CrossFit
Ahern Rentals
Five Guys
Starbucks
Albertsons
Columbia Bank
Banner Bank
Applebee's
Planet Fitness
Heritage Bank

Property Taxes

Property Taxes

Parcel Number
0475770
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,761,494
  • Listing ID: 39978849

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 1320 W 7th Ave, Eugene, OR 97402

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