311-337 Goodpasture Island Road | Goodpasture Plaza
Office Building | 5.78% CAP | 10,004 SqFt
Marketing description
Goodpasture Plaza is a well-maintained, multi-tenant office property totaling approximately 10,004 square feet on a 0.57-acre parcel in one of Eugene's most established commercial corridors near the intersection of Valley River Drive and Goodpasture Island Road. The building is currently configured in an executive suite style layout with twenty-four smaller tenants, providing diversified income with strong occupancy potential in today's market.
Goodpasture Plaza presents a compelling opportunity for an investor seeking stable, multi-tenant income with upside through lease optimization, rent growth, or potential repositioning. The existing executive suite model captures demand for smaller office users, while the underlying layout and zoning allow for a transition to more traditional office or service-oriented tenancy if desired.
Investment highlights
Twenty-four, high-demand executive suites offering a diversified income stream
- Flexible layout adaptable to traditional office or service users
- Two-story ADA accessible building with elevator
- Recent capital improvements, including:
- New roof with transferable warranty (2025)
- New exterior paint (2025)
- Refurbished restrooms on both levels (2025)
- Interior & exterior LED lighting upgrades (2024)
- New asphalt in parking lots (2019)
- Strong infrastructure upgrades, including sewer line improvements & updated building systems (2010)
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