For Sale
$3,725,000
5Th St Corvallis, OR 97330
Prime Corvallis office buildings, 100% occupied, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- Two Class B office buildings totaling 12,283 net rentable square feet in Corvallis, OR.
- 100% occupancy with six tenants on triple-net (NNN) leases, including First American Title, Mortgage Express, Connected Real Estate Group, Farmers Insurance, Guild Mortgage, and Principal Property Management.
- Ample parking (32 spaces per 1,000 sq ft).
- Asking price: $3,725,000, 5.93% cap rate, $220,841 NOI.
- Ground lease expiring May 20, 2048.
Property Details for 0 5Th St
- Property type
- Office properties
- Class
- B
- Year Built
- 1999
- Buildings
- 2
Location Insight
- City
- Corvallis
- County
- Benton
- State
- Oregon
- Latitude
- 44.56823907997
- Longitude
- -123.26133693031
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Prime Corvallis office buildings, 100% occupied, strong NOI.
- Where is the office property located?
- The property is located at 5Th St Corvallis, OR.
- What is the asking price?
- The asking price for this property is $3,725,000.
- What are key features of this property?
- This property features: Two Class B office buildings totaling 12,283 net rentable square feet in Corvallis, OR.; 100% occupancy with six tenants on triple-net (NNN) leases, including First American Title, Mortgage Express, Connected Real Estate Group, Farmers Insurance, Guild Mortgage, and Principal Property Management.; Ample parking (32 spaces per 1,000 sq ft).
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