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- LoopNet Team
500 SE Cass Ave
Roseburg, OR 97470
Village Station · Office Property For Sale
PROPERTY FACTS
AMENITIES
- Controlled Access
- Courtyard
- Signage
- Air Conditioning
ABOUT 500 SE CASS AVE , ROSEBURG, OR 97470
Umpqua Bank Facilities Sale/Leaseback! At Closing Umpqua Bank Will Leaseback Approximately 20,000 Square Feet of this 37,118 Square Foot Class A Office Building, for a Term of Five Years ,with Five Additional Five Year Renewal Option Terms. CAP Rate at Purchase is estimated at 6.44; Proforma CAP Rate at lease-up of additional space is 11.60!! Incredible Upside Opportunity Through Vacancy Lease-Up! Located in Roseburg's Main Business District; the Village Station Building Lies at the Intersection of Highway 99 and SE Oak Street, Passed by Every Vehicle Travelling from Interstate 5 to Downtown Roseburg. Gorgeous Setting with Many Amenities - Fully Landscaped Courtyard, Drive Up and Drop Off Area, Water Feature at Entry. Originally Built in 1998, the Building Was Fully Remodeled by Umpqua Bank in 2011.
PROPERTY TAXES
| Parcel Number | R70017 | Improvements Assessment | $2,885,971 |
| Land Assessment | $429,807 | Total Assessment | $3,315,778 |
PROPERTY TAXES
