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- LoopNet Team
1525 Gateway Blvd
Cottage Grove, OR 97424
Jack in the Box · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Restaurant
- Drive Thru
ABOUT 1525 GATEWAY BLVD , COTTAGE GROVE, OR 97424
Colliers International, as exclusive advisor to the seller, is pleased to present to market the net-leased investment opportunity of the fee-simple interest in a Jack in the Box restaurant, located in Cottage Grove, OR. This offering provides a new lease with a Primary Term of 15 years and two (2) 10-year Options to Extend. Rent increases of 8% every five years are in place throughout the Primary Term and both Option Periods. The lease is absolute NNN with zero landlord responsibilities, and personally guaranteed by the tenant. The subject property is located on Gateway Boulevard, just off of Interstate 5 at the East Cottage Grove exit and surrounded by a multitude of hotel accommodations and retailers including Best Western, Quality Inn, Carl's Jr., KFC, Chevron, McDonald's and Dutch Bros Coffee. There are two points of ingress/egress, one on Gateway Boulevard and one on Oswald W Avenue.
PROPERTY TAXES
| Parcel Number | 0887545 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $977,826 |
PROPERTY TAXES
