Listed by The Boulos Company Portland
$1,537,237
Single-Tenant Net Leased Property
Details
APN 137/018
Property Type Retail
Sub Type Storefront, Freestanding Retail Building
Square Footage 12,967
Cap Rate 8.00%
NOI $122,979
Occupancy 100%
Tenancy Single
Lease Expiration 10/30/2027
Class B
Year Built 1998
Buildings 1
Stories 1
Acreage 3.200
Zoning Commercial Zone 2
Parking Spaces 50 spaces
Parking Per SqFt 3.86
Investment Type Net Lease
Ownership Lincoln Management, LLC
Retail | 8.00% CAP | 12,967 SqFt
Marketing description
12,967± SF freestanding retail building leased to Walgreens
Located at the intersection of West Broadway and Main Street.
Investment highlights
- Leased through October 31, 2027
- Features a drive-thru, excellent signage
- Located at a lighted intersection in the heart of Lincoln’s retail district
- Net Operating Income: $122,979
- Sale Price: $1,537,237 (8% Cap)
Listing Contacts
Listed by The Boulos Company Portland
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$122,979.00
$10,248.25/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
