1461-1661 N Highway 99 W | Mcminnville, OR 97128
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- LoopNet Team
1461-1661 N Highway 99 W
Mcminnville, OR 97128
McMinnville Town Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupancy with Attractive Increases & No Near-Term Lease Rollover
- Stable Cashflow Asset with NNN Leases & Historical High Occupancy
- Strong Demographics - 36,619 People with an Average Household Income of $78,102 in a 3-Mile Radius
- Commanding Presence Along the 21,923 VPD Highway 99
- Includes Jimmy John’s Outparcel Pad with Attractive Near-Term Rental Increases
- Recently Re-Stripped/Sealed Parking Lot, Clean/ Uniform Tenant Signage, New HVAC (2017), New Roof (2016)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
30,640 SF
Building Class
B
Year Built
1977
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.75 AC
Zoning
C3 - General Commercial
Parking
90 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
412’ on N Highway 99
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 129088 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,442,509 |
PROPERTY TAXES
Parcel Number
129088
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,442,509
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