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1320 W 7TH AVE Eugene, OR $ 8,995,000
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$ 8,995,000 Get more info
1320 W 7TH AVE
$ 8,995,000
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New Construction
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1320 W 7TH AVE

Eugene, OR, 97402
$ 8,995,000
Baths0.0 Sq 6,000

Monthly Estimate*

$ 59,784

1320 W 7TH AVE, Eugene, OR 97402 - Image 1
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Studio

Commercial Property for sale in Eugene, OR

for $8,995,000. This 6,000 square foot building was built in 2023 on a lot size of 1.09.

NNN Investment Opportunity! New Development, consisting of two buildings, one leased to 7-Eleven C-Store with Fuel and other to Black Rock Coffee. 7-Eleven opened for business Dec 2023. They have a new 15-year term, with increases every 5 years. Real Estate professionals can take advantage of the bonus depreciation. Black Rock was completed January, estimated to be open in Feb. 2024. 15 year term with increases every 5 years. Estimated NOI $527,503 / offered at a 5.65% cap.

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Commercial Pending

Price

$ 8,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 27,378

Style

Income

Lot Size

1.09

Year Built

2023

Town/City

Eugene

County/Region

Lane

MLS | Web ID

23485243
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Zoning S-C
Year Built 2023
Sale Includes Building Land Sign
Stories 1
Property SubType Income
Tax Year 2023
Current Use Retail
Gross Income 464990.0
County Lane
Operating Expense 0
Property Type CommercialSale
Status Pending
Directions Polk St and 7th Ave
City Eugene
MLS Area _245
Lot Size Square Feet 47480.0
Street Name 7TH
Listing Terms Cash Conventional
Tax Annual Amount 27378.18
Property Condition NewConstruction
Days on Market 161
Lease Type YearsRemaining10orMore NNN
Standard Status Pending
Lease Amount 527503.0
Legal Description 17-04-36--12-19100
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Exterior
Water Source PublicWater
Number of Buildings 2
Building Area Total 6000.0
Lot Size Acres 1.09
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Interior
Street Suffix AVE
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Internal Only
Street Number 1 1320
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* Excluded Features
List By
Maj Commercial Real Estate

Broker

brandi@majcre.com

Email

Affordability Calculator

$62,065
Per Month
96%
4%
0%
Monthly Principal & Interest
$59,784
Monthly Property Taxes
$2,282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/6/2024$8,995,000 -3.65% Price Down
2/5/2024$9,336,000 -4.63% Price Down
10/12/2023$9,789,000 Listed Price

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1320 W 7TH AVE, Eugene, OR, 97402 is a Commercial Property for sale at $8,995,000 with 6,000 sqft and a lot size of 1.09. 1320 W 7TH AVE is a studio with 0.0 baths and was built in 2023. The property's zip code is 97402 which is in Eugene, OR

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