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Cannery Mall 777 NW 9th St 62,345 SF Office Building Corvallis, OR 97330 $8,750,000 ($140.35/SF) 8.08% Cap Rate
EXECUTIVE SUMMARY
Samaritan Square is a 4-level mixed use building located at the south end of NW 9th Street, the main commercial arterial in Corvallis, adjacent to Linn-Benton
Community College, 1 mile from downtown and less than 2 miles from Oregon State University. Seller will lease back the Sam Fit and Samaritan Pediatrics space totaling 22,972 SF under terms to be agreed.
Community College, 1 mile from downtown and less than 2 miles from Oregon State University. Seller will lease back the Sam Fit and Samaritan Pediatrics space totaling 22,972 SF under terms to be agreed.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
62,345 SF
Building Class
B
Year Built/Renovated
1980/2001
Price
$8,750,000
Price Per SF
$140.35
Cap Rate
8.08%
NOI
$707,319
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
31,173 SF
Building FAR
0.53
Lot Size
2.71 AC
Zoning
CMU-2 - Commercial mixed use
Parking
164 Spaces (2.63 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 118111 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,032,114 |
PROPERTY TAXES
Parcel Number
118111
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,032,114
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Cannery Mall | 777 NW 9th St
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