855 NW Circle Blvd | Corvallis, OR 97330
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- LoopNet Team
855 NW Circle Blvd
Corvallis, OR 97330
Jiffy Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net lease structure with an 7.02% rental increase to occur in 2027
- The Corvallis Jiffy Lube is number one in sales of all the operator’s locations
- Located in a high-traf?c retail area on the corner of Paci?c Highway West and Circle Boulevard, servicing 19,816 vehicles per day
- Strong multi-unit operator overseeing four Oregon locations
- Nine years remaining on the lease with three ?ve-year options to extend
- Strong local demographics, surrounded by 20,482 households within a three-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,000 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.41 AC
Zoning
MUCS
Parking
2 Spaces (1 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 310398 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $583,973 |
PROPERTY TAXES
Parcel Number
310398
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$583,973
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