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NNN Corporate Building Investment 133 W Broadway 43,272 SF Office Building Eugene, OR 97401 $6,593,000 ($152.36/SF) 7% Cap Rate
Investment Highlights
- 43,272 SF | 2 Stories + Finished Basement
- Renovated 2022–2024
- Purchase Price: $6,593,000 (7% CAP)
- Single-Tenant NNN Lease
- Prime C-3 Zoned Downtown Location
- Current Rent: $462,249.96 Annually with Scheduled Increases
Executive Summary
FOR SALE – 133 W. BROADWAY | EUGENE, OR
NNN Leased Corporate Investment | 7% CAP
Campbell Commercial Real Estate is pleased to present the sale of 133 W. Broadway, a 43,272 SF, two-story corporate office building with finished basement located in the heart of Downtown Eugene.
The property is 100% leased to Pipeworks Studios, a subsidiary of Virtuos, under a long-term NNN lease structure. The building has undergone extensive renovations between 2020 and 2024, including a new roof, HVAC systems, elevator, stairways, and comprehensive interior modernization.
This offering provides stable, predictable income backed by a nationally recognized technology tenant, with contractual rent increases and renewal options in place.
NNN Leased Corporate Investment | 7% CAP
Campbell Commercial Real Estate is pleased to present the sale of 133 W. Broadway, a 43,272 SF, two-story corporate office building with finished basement located in the heart of Downtown Eugene.
The property is 100% leased to Pipeworks Studios, a subsidiary of Virtuos, under a long-term NNN lease structure. The building has undergone extensive renovations between 2020 and 2024, including a new roof, HVAC systems, elevator, stairways, and comprehensive interior modernization.
This offering provides stable, predictable income backed by a nationally recognized technology tenant, with contractual rent increases and renewal options in place.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Building Size
43,272 SF
Building Class
B
Year Built/Renovated
1955/2024
Price
$6,593,000
Price Per SF
$152.36
Cap Rate
7%
NOI
$461,510
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
21,636 SF
Building FAR
2.84
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
C-3 - C-3 Zoning with BW-TD Overlay
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Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (100)
Property Taxes
| Parcel Number | 0260941 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,566,439 |
Property Taxes
Parcel Number
0260941
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,566,439
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NNN Corporate Building Investment | 133 W Broadway
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