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Walmart Neighborhood Market - Springfield, OR 2730 Gateway St 37,857 SF Retail Building Springfield, OR 97477 $5,420,000 ($143.17/SF) 5.75% Cap Rate


Investment Highlights
- Contract Rents Below Market
- Recent Capital Improvements: Roof & Parking
- Target Shadow-Anchor (NAP)
- 8% Rent Escalations Every 5 Years
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
37,857 SF
Building Class
B
Year Built
1990
Price
$5,420,000
Price Per SF
$143.17
Cap Rate
5.75%
NOI
$311,650
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.19
Lot Size
4.46 AC
Zoning
CC
Parking
190 Spaces (5.02 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
Walk Score®
Very Walkable (73)
Bike Score®
Biker's Paradise (93)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1772605 | Improvements Assessment | $3,287,614 |
| Land Assessment | $0 | Total Assessment | $3,287,614 |
Property Taxes
Parcel Number
1772605
Land Assessment
$0
Improvements Assessment
$3,287,614
Total Assessment
$3,287,614
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Walmart Neighborhood Market - Springfield, OR | 2730 Gateway St
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