Listed by Capacity Commercial Group
$1,435,000
Elon Street 100% Leased NNN Investment
Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,150
Cap Rate 6.25%
NOI $89,664
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $667
Class A
Year Built 2015
Acreage 0.340
Parking Spaces 15 spaces
Parking per 1,000 SqFt 6.98
Investment Type Net Lease
Ground Lease No
NEW TO MARKET | NNN Leased Multi-tenant Asset in Clackamas
Marketing description
NNN Leased Multi-tenant Asset in Clackamas
100% Occupied | Built in 2015
Sale Price: $1,435,000
CAP: 6.25%
NOI: $89,664
Building Size: 2,150 SF
Lot Size: 14,892 SF
Tenants: 2
Investment highlights
- High Visibility along proven Industrial Corridor
- Hwy 212 is the entrance to Happy Valley, Damascus, and Carver
- Seasoned tenants with 9+ years of occupancy.
- Nearby national retailers including McDonald's, Taco Bell, Black Rock Coffee, and 7-Eleven.
- Rare Drive-Thru Asset
- Service oriented tenants
- Clackamas County location
- Located centrally in Clackamas with great visibility, right off Hwy 212 and in close proximity to I-205
- 28K ADT
Listing Contacts
Listed by Capacity Commercial Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$89,664.00
$7,472.00/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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