3075 Hilyard St | Eugene, OR 97405
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3075 Hilyard St
Eugene, OR 97405
Albertsons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- INVESTMENT GRADE TENANT – Property features an 11-year lease with a corporate guarantee from Albertsons Companies
- ANNUAL RENTAL INCREASES – Hedge against inflation with 2% annual rent increases through initial term and option periods.
- STRONG DEMOGRAPHICS – Over 38,000 people located within a 3-mile radius of property, providing a great target market of grocery shoppers.
- COMPLETELY PASSIVE INVESTMENT – The lease is absolute NNN (no landlord responsibilities).
- SUPERB LOCATION – Property is in the heart of Eugene, OR and only a mile and a half from the University of Oregon.
- RESILIENCE TO ECONOMIC CYCLES – Grocery retail is considered recession-resistant, as consumers prioritize spending on essential goods
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
33,270 SF
Building Class
C
Year Built/Renovated
1989/2000
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.32
Lot Size
2.42 AC
Zoning
C-2
Parking
132 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0649747 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,212,882 |
PROPERTY TAXES
Parcel Number
0649747
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,212,882
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