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2721 S Main Rd 15,520 SF 100% Leased Retail Building Lebanon, OR 97355 $1,800,000 ($115.98/SF) 4.15% Cap Rate
Executive Summary
Two buildings totaling approximately 15,520 SF located on 1.98 Acres zoned HC. Building one is approx. 6,500 sF with 14' eves , bridge crane, 3 phase power and city services. Tenant mix of construction, retail auto repair storage and office . New LED lighting and paving in 2024. Property is fenced and secured.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
15,520 SF
Building Class
C
Year Built
1976
Price
$1,800,000
Price Per SF
$115.98
Cap Rate
4.15%
NOI
$74,760
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.98 AC
Zoning
CH - Highway Commercial zoning.
Parking
35 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
354’ on S Main St
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0199535 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $309,700 |
Property Taxes
Parcel Number
0199535
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$309,700
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2721 S Main Rd