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NNN Corporate Building Investment 133 W Broadway 43,272 SF Office Building Eugene, OR 97401 $6,200,000 ($143.28/SF) 7.44% Cap Rate



Investment Highlights
- 43,272 SF | 2 Stories + Finished Basement
- Renovated 2022–2024
- IMPROVED PRICE: $6,200,000 (7.4% CAP)
- Single-Tenant NNN Lease
- Prime C-3 Zoned Downtown Location
- Current Rent: $462,249.96 Annually with Scheduled Increases
Executive Summary
IMPROVED PRICE $6,200,000
NNN Leased Corporate Investment | 7.4% 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 | 7.4% 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
Property Type
Office
Building Size
43,272 SF
Building Class
B
Year Built/Renovated
1955/2024
Price
$6,200,000
Price Per SF
$143.28
Cap Rate
7.44%
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
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Pipeworks Software Inc
- Information
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Pipeworks Software Inc | Information | 99,999 SF | - | Lorem Ipsum | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Exceptionally bikeable
90/100
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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