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3-Tenant NNN Retail | Investment/ Owner-User 722 W Harvard Ave 8,100 SF 48% Leased Retail Building Roseburg, OR 97471 $2,450,000 ($302.47/SF)
Investment Highlights
- A Class A multi-tenant retail-office building.
- Anchored by Mountain Mikes Franchise
- Benefit from strong visibility with daily traffic counts in the surrounding area reaching up to 45,927 VPD on nearby I-5
- Situated directly on Harvard Avenue, the primary arterial thoroughfare connecting West Roseburg to the city center.
- The building is designed with divisible suite configurations suitable for medical, dental, professional office, or service-based retail users.
- Fully Sprinklered
Executive Summary
Huge $240k reduction and priced to sell! Great income potential with two established NNN tenants and 4,250 square feet suite already fully sprinklered and ready for customization. This could be a great buy for an owner-user or an investor. Newly built in 2020.
Class A multi-tenant retail/office asset located in Roseburg's West Harvard corridor, anchored by an established QSR tenant and offering approx. 4,250 SF of vacant grey shell space already sprinklered. The property presents a hybrid investment- stable in-place income with significant lease-up or owner-user upside in a high-visibility, high-traffic location near I-5.
The building is designed to accommodate a range of tenant types with flexible, divisible suite configurations suitable for medical, dental, professional office, and service-based retail users. The remaining grey shell space provides a blank canvas for customized build-outs, reducing demolition costs and allowing tenants or an owner-user to tailor the space to specific operational needs. In a market with limited newer construction, the property is well-positioned to attract quality tenants seeking modern space, supporting long-term occupancy and leasing stability.
Class A multi-tenant retail/office asset located in Roseburg's West Harvard corridor, anchored by an established QSR tenant and offering approx. 4,250 SF of vacant grey shell space already sprinklered. The property presents a hybrid investment- stable in-place income with significant lease-up or owner-user upside in a high-visibility, high-traffic location near I-5.
The building is designed to accommodate a range of tenant types with flexible, divisible suite configurations suitable for medical, dental, professional office, and service-based retail users. The remaining grey shell space provides a blank canvas for customized build-outs, reducing demolition costs and allowing tenants or an owner-user to tailor the space to specific operational needs. In a market with limited newer construction, the property is well-positioned to attract quality tenants seeking modern space, supporting long-term occupancy and leasing stability.
Property Facts Under Contract
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,100 SF
Building Class
A
Year Built
2020
Price
$2,450,000
Price Per SF
$302.47
Percent Leased
48%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.21 AC
Zoning
C3 - C-3 (General Commercial) with CCR's
Parking
50 Spaces (6.17 Spaces per 1,000 SF Leased)
Frontage
207’ on West Harvard Avenue
Amenities
- Freeway Visibility
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 2,610 SF
- -
- Triple Net
- Sep 2036
Mountain Mike's Pizza began in 1978 in Palo Alto, California, and grew from a single neighborhood restaurant into a franchised pizza brand. The company focuses on family-style casual dining, with menu offerings that include specialty pizzas, wings, salads, sandwiches, desserts, and beverages, along with carryout and delivery options. Mountain Mike's Pizza also emphasizes a community-oriented restaurant experience built around group gatherings, big-screen TVs, arcade games, and beer and wine in many locations. The company has continued its expansion and franchise development across the United States, pursuing an active national growth strategy.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 2,610 SF | - | Triple Net | Sep 2036 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R145679 | Improvements Assessment | $837,896 |
| Land Assessment | $503,615 | Total Assessment | $1,341,511 |
Property Taxes
Parcel Number
R145679
Land Assessment
$503,615
Improvements Assessment
$837,896
Total Assessment
$1,341,511
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3-Tenant NNN Retail | Investment/ Owner-User | 722 W Harvard Ave