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Goodpasture Plaza 313-337 Goodpasture Island Rd 10,004 SF 100% Leased Office Building Eugene, OR 97401 $1,800,000 ($179.93/SF) 5.78% Cap Rate



Investment Highlights
- 24 High-Demand Executive Suites offering a diversified income stream
- New roof with transferable warranty (2025)
- Refurbished restrooms on both levels (2025)
- 2-Story ADA Accessible Building with Elevator
- New exterior paint (2025)
- Interior & exterior LED lighting upgrades (2024)
Executive Summary
Goodpasture Plaza is a well-maintained, multi-tenant office property totaling approximately 10,004 square feet on a 0.57-acre parcel in one of Eugene’s most established commercial corridors near the intersection of Valley River Drive and Goodpasture Island Road. The building is currently configured in an executive suite style layout with twenty-four smaller tenants, providing diversified income with strong occupancy potential in today’s market.
Twenty-four, high-demand executive suites offering a diversified income stream
• Flexible layout adaptable to traditional office or service users
• Two-story ADA accessible building with elevator
• Recent capital improvements, including:
• New roof with transferable warranty (2025)
• New exterior paint (2025)
• Refurbished restrooms on both levels (2025)
• Interior & exterior LED lighting upgrades (2024)
• New asphalt in parking lots (2019)
• Strong infrastructure upgrades, including sewer line improvements & updated building systems (2010)
Sale Price: $1,800,000
Goodpasture Plaza presents a compelling opportunity for an investor seeking stable, multi-tenant income with upside through lease optimization, rent growth, or potential repositioning. The existing executive suite model captures demand for smaller office users, while the underlying layout and zoning allow for a transition to more traditional office or service-oriented tenancy if desired.
Twenty-four, high-demand executive suites offering a diversified income stream
• Flexible layout adaptable to traditional office or service users
• Two-story ADA accessible building with elevator
• Recent capital improvements, including:
• New roof with transferable warranty (2025)
• New exterior paint (2025)
• Refurbished restrooms on both levels (2025)
• Interior & exterior LED lighting upgrades (2024)
• New asphalt in parking lots (2019)
• Strong infrastructure upgrades, including sewer line improvements & updated building systems (2010)
Sale Price: $1,800,000
Goodpasture Plaza presents a compelling opportunity for an investor seeking stable, multi-tenant income with upside through lease optimization, rent growth, or potential repositioning. The existing executive suite model captures demand for smaller office users, while the underlying layout and zoning allow for a transition to more traditional office or service-oriented tenancy if desired.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,004 SF
Building Class
B
Year Built
1979
Price
$1,800,000
Price Per SF
$179.93
Cap Rate
5.78%
NOI
$104,013
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,002 SF
Building FAR
0.38
Lot Size
0.60 AC
Zoning
C-2 | SR - Community Commercial | Site Review
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 1185840 | Total Assessment | $1,323,056 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
1185840
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,323,056
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Goodpasture Plaza | 313-337 Goodpasture Island Rd
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