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23291563
23291559

451 Wallis Street, Eugene, OR 97402

JE
OR 200701086, OR OR 200701086
Eugene Industrial Real Estate LLC
BM
OR 780303861
Eugene Commercial Real Estate
Listed by Eugene Industrial Real Estate LLC, Eugene Commercial Real Estate
$1,550,000
410 days on market
Updated 67 days ago
Opportunity zone

451 Wallis Street

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 17,100
Cap Rate 7.70%
NOI $120,000
Lease Type Absolute NNN
Price per SqFt $91
Buildings 1
Acreage 0.770
Zoning I-2 (Light Medium Industrial)
Ground Lease No

Industrial | 7.70% CAP | 17,100 SqFt

Marketing description

An opportunity to own a state of the art cannabis cultivation facility with significant income upside either through renewal or re-tenanting.

Investment highlights

  • 17,100 Square Feet
  • .77 acres I-2 (Light Medium Industrial)
  • State of the art build-out
  • Sub-lease term expires 11/2029
  • Under market rent ($.58/SF/Mo.) provides
  • upside upon renewal/termination
  • Heavy power
  • Offered at $90.64/SF, or 7.2% cap rate
  • $1,550,000

Listing Contacts

JE
OR 200701086, OR OR 200701086
Eugene Industrial Real Estate LLC
BM
OR 780303861
Eugene Commercial Real Estate
Listed by Eugene Industrial Real Estate LLC, Eugene Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
7.74%
Cap Rate
7.74%
ROI

Map

Zoning

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I-2 IndustrialLight Medium Industrial
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
John Erving
License
200701086
Brokerage
Eugene Commercial Real Estate
Brokerage Phone
5419145255
Title
Principal Broker
Brokerage Address
711 Country Club Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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