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Chukar Point Bldg - 7% Cap Rate 267 NE 2nd St 4,595 SF 100% Leased Office Building Prineville, OR 97754 $1,090,000 ($237.21/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Chukar Point is a multi-tenant office building located in downtown Prineville. The building is fully leased to 8 tenants through the end of 2026. Quality construction and well maintained. This property features an elevator, sprinklers throughout, 12 onsite parking spaces, and ample street parking in front of the building. The property is now being offered at a 7% cap rate, making it an attractive investment opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,595 SF
Building Class
B
Year Built
2005
Price
$1,090,000
Price Per SF
$237.21
Cap Rate
7%
NOI
$76,300
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,298 SF
Slab To Slab
9’
Building FAR
0.50
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
C1
Parking
12 Spaces (2.61 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 008267 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $728,828 |
PROPERTY TAXES
Parcel Number
008267
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$728,828
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Chukar Point Bldg - 7% Cap Rate | 267 NE 2nd St
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