1740 - 1748 W 18th Ave. 1740 W 18th Ave 9,275 SF 71% Leased Office Building Eugene, OR 97402 $1,700,000 ($183.29/SF) 6.63% Cap Rate

Situated near the intersection of Chambers Street and W 18th Avenue, this property offers excellent visibility along one of Eugene’s key East–West corridors. Located just minutes from Downtown, the University of Oregon, and South Eugene, the site benefits from strong traffic counts and convenient access to Highway 99 and I-105.
The property consists of three buildings totaling 9,275 square feet. Two of the buildings are fully leased to long term tenants. The third building has a tenant occupying 1,092 square feet with another 2,654 square feet available.
PROPERTY SUMMARY
1740 WEST 18TH AVE
• Approximately 4,554 square feet, built in 1980
• Two Trane HVAC Units service the building
• PVC membrane roof
• Leased by Rainbow Optics through June of 2028
1744 WEST 18TH AVE
• Approximately 975 square feet, built in 1995
• One Goodman Air Handler & Heat Pump services the building
• Shingle 3-tab roof
• Leased by Rob Olive Jr., State Farm Insurance through December of 2028
1748 WEST 18th AVE
• Approximately 3,746 square feet, built in 1980
• PVC membrane roof
1748 SUITES A&B
• 2,654 square feet
• Two Trane HVAC Units service Suites A & B
• Available for new tenant
1748 SUITE C
• 1,092 square feet
• A Lennox Package Unit services Suite C
• Suite C is leased to Shirk Chiropractic
IMPROVEMENTS COMPLETED SINCE 2021
• Updated exterior lighting to LED
• Repaired or replaced gutters and downspouts on all three buildings
• Landscaping throughout the property including new planter beds, plants, drip lines, borders, drainage and round rock
• Replacement of all concrete curbing in main parking lot
• Full seal coat and re-stripe of the parking lot
• New illuminated sign at 18th Street entrance
• Cleaned and re-stained exterior of 1744 W 18th building in 2022
• Repainted exterior of 1748 W 18th building in 2024
• Repainted exterior of 1740 W 18th building in 2025