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Classic Collision 5262 Crater Lake Ave 8,000 SF Retail Building Central Point, OR 97502 $1,656,000 ($207/SF) 7% Cap Rate
Investment Highlights
- Long-Term Lease with Established National Operator: Single-tenant property leased to Classic Collision through July 31, 2031
- Fair Market Rent Upside at Option Periods: Lease includes fair market rent adjustments at the commencement of each renewal option
- Functional, Modern Automotive Facility: ±8,000 SF building (with additional 2,000 SF of Breeze-way) situated on a ±1.36-acre parcel
- Attractive Built-In Rent Growth: Lease features 2% annual rent increases, delivering consistent income growth and a hedge against inflation
- Highly Ranked Location with Strong Demographics: Property location ranks in the 84th percentile nationally and is the #1 ranked location in Oregon
- Strong Real Estate Fundamentals: Large land-to-building ratio provides long-term residual value and potential adaptability
Executive Summary
Broker of Record
Tim Campbell
License # 790100087 (OR)
Matthews Real Estate Investment Services, Inc
701 High Street, #300, Eugene, OR 97401
(866) 889-0550
Tim Campbell
License # 790100087 (OR)
Matthews Real Estate Investment Services, Inc
701 High Street, #300, Eugene, OR 97401
(866) 889-0550
Property Facts Under Contract
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
8,000 SF
Building Class
C
Year Built
1997
Price
$1,656,000
Price Per SF
$207
Cap Rate
7%
NOI
$115,920
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.36 AC
Opportunity Zone
Yes
Zoning
GC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Classic Collision
- Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Classic Collision | Services | 99,999 SF | - | Lorem Ipsum | - |
Property Taxes
| Parcel Number | 10459667 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $453,750 |
Property Taxes
Parcel Number
10459667
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$453,750
1 of 4
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Presented by
Classic Collision | 5262 Crater Lake Ave
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