Single National Tenant with Corporate Guaranty. Prominent downtown corner location on State Highway 20. Stand alone building with full interior renovation in 2014-15, new 25-year roof and HVAC in 2021. 7 on-site parking spaces. Current under-market lease expires in July 2027 with one five-year option at market. Huge upside upon renewal. Tenant has occupied since 2015. True legacy asset. Perfect for excess 1031 funds, portfolio cash, or future business location. Owner is a licensed broker in Oregon.
808206
Office, Other
Linn
1966
0.13
Acres
Public
Block, Brick
Public Sewer
Interior Features
- Cooling
- Central Air
- Heating
- Gas Heat. Forced Air.
Exterior / Lot Features
- Parking
- 7 Parking Spaces.
- Exterior
- Brick, Block
Financial Considerations
$4,250
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