175-195 Silver Ln | Eugene, OR 97404
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- LoopNet Team
175-195 Silver Ln
Eugene, OR 97404
River Road Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Priced well below replacement cost with an asking price of $156 per SF. Similar retail centers are costing upwards of $450-500ft to develop.
- Opportunity to increase yield by raising rents closer to market and converting Gross leases to NNN leases.
- Excellent opportunity to acquire property in an area and City with high barriers to entry.
- 92% occupied with high historical occupancy. Approximately 72% of GL A has been occupied for five or more years and 30% ten or more years.
- Located right off the Randy Pape’ Beltline Highway (OR-569), with an average daily traffic count of 77,700.
- Benefits from strategic location in proximity to nearby retail, housing, North Eugene High School, and the River Road Transit Station.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
8,533 SF
Building Class
C
Year Built
1980
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.94 AC
Parking
36 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
76’ on Silver Ln
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $984,583 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$984,583
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