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NNN Investment Opportunity 4211 W 11th Ave 29,747 SF 100% Leased Retail Building Eugene, OR 97402 $5,300,000 ($178.17/SF)

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INVESTMENT HIGHLIGHTS

  • NOI: $344,125 (as of Oct 1, 2025)
  • NNN lease structure – minimal landlord obligations
  • Prime retail corridor – 33,000+ vehicles per day
  • Two tenants: Serenity Lane (10,771 SF) & Get Air (18,978 SF)
  • Approx. 118 on-site parking stalls; full-building HVAC
  • Surrounded by Fred Meyer, Walmart, Home Depot, Lowe’s, Target, Dollar Tree, McDonald’s, and more

EXECUTIVE SUMMARY

4211 W. 11th Avenue presents a rare opportunity to acquire a stabilized NNN-leased investment in Eugene’s high-traffic West 11th Avenue retail corridor. The 29,747 SF single-story building, situated on 2.37 acres zoned C-2, is fully occupied by two established tenants—Serenity Lane and Get Air Trampoline Park. Originally constructed in 1979 for Obie Media Corp and later renovated, the property offers long-term income backed by national and regional tenants with minimal landlord responsibilities. Positioned in one of Eugene’s strongest commercial corridors, surrounded by major anchors and strong co-tenancy, the site provides both reliable cash flow and future redevelopment potential.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,747 SF
Building Class
C
Year Built/Renovated
1978/1998
Price
$5,300,000
Price Per SF
$178.17
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Lot Size
1.23 AC
Opportunity Zone
Yes
Zoning
C2
Parking
118 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
186’ on 11th Ave

AMENITIES

  • Bus Line

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Arts, Entertainment, and Recreation
  • -
  • $9.99
  • -
  • Jan 0000

Get Air Indoor Trampoline Parks manages some of the nation's biggest and best trampoline parks. Their trampoline parks feature wall-to-wall trampolines, dodgeball courts, basketball dunk lanes, and obstacle courses! In the past five years Get Air has grown into a recognizable national brand. They developed the trampoline park business from the ground up. And as a result, they naturally connect with business trends and customer needs. Get Air is a nationally recognized brand with a specialized team of operators, accountants, engineers, and other professionals driving the vision forward.

  • Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

evel II Intensive Outpatient groups meet three times per week, three hours per session, for ten weeks (90 clinical hours.) Treatment includes individual and group therapy and education about the disease of addiction. Group sessions are scheduled at various times throughout the week to accommodate your work and family schedule. An important part of recovery from addiction and codependency is 12- step program involvement. Patients and family members are expected to attend a weekly family education seminar provided by Serenity Lane and are strongly encouraged to develop community-based support.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Arts, Entertainment, and Recreation - $9.99 - Jan 0000
Services - - Lorem Ipsum Jan 0000
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
TacoTime
Rent-A-Center
CrossFit
the Human Bean
Curves

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1263894
  • 1505526
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,578,639
  • Listing ID: 37522109

  • Date on Market: 9/3/2025

  • Last Updated:

  • Address: 4211 W 11th Ave, Eugene, OR 97402

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