Drug Store with Absolute NNN
For Sale
Contact for pricing
1210 Mohawk Blvd, Springfield, OR 97477
Absolute net lease structure places no landlord responsibility on the owner and includes long-term renewal options.
Property SizeContact for details
Days on Market143
Property Features for 1210 Mohawk Blvd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
5.25%
Building Details
Tenancy
Single
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 12:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pharma Property Group
Investment Insights
Based on property information with market context.
This drugstore property is occupied by Walgreens, which has operated at the site for 16 years. The lease is structured on an absolute net basis, with no landlord responsibilities, approximately 9.5 years remaining in the primary term, and 10 five-year options thereafter. The property is also identified with a 5.25% cap rate.
The location is two blocks from McKenzie-Willamette Medical Center, a 113-bed hospital, and three miles south of a PeaceHealth hospital with 392 licensed beds. The site is four miles northwest of the University of Oregon in Eugene and three blocks south of US Route 126 at Mile 6, which carries over 50,000 vehicles per day. Interstate 5 is two miles west and carries over 75,000 vehicles per day.
The location is two blocks from McKenzie-Willamette Medical Center, a 113-bed hospital, and three miles south of a PeaceHealth hospital with 392 licensed beds. The site is four miles northwest of the University of Oregon in Eugene and three blocks south of US Route 126 at Mile 6, which carries over 50,000 vehicles per day. Interstate 5 is two miles west and carries over 75,000 vehicles per day.
Key Highlights
- Absolute net lease with no landlord responsibilities
- Approximately 9.5 years remaining in the primary lease term
- 10 five‑year renewal options follow the primary term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
328k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 26%
Groceries 21%
Home Improvements & Furnishings 5%
WinCo Foods
Groceries
61,790 visits/mo
0.4 miles
McDonald's
Dining
30,691 visits/mo
0.2 miles
Dollar Tree
Shops & Services
29,898 visits/mo
0.5 miles
SONIC Drive In
Dining
24,095 visits/mo
0.4 miles
Taco Bell
Dining
18,658 visits/mo
0.2 miles
Demographics for 97477, OR
37,602
Population
16,572
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
3,032
Density / Sq Mi
$63,574
Median Household Income
$35,645
Median Earnings
$1,176
Median Rent
$345,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Drug store - Absolute net lease structure places no landlord responsibility on the owner and includes long-term renewal options.
Where is this drug store located?
The property is located at 1210 Mohawk Blvd Springfield, OR.
What are key features of this property?
This property features: Absolute net lease with no landlord responsibilities; Approximately 9.5 years remaining in the primary lease term; 10 five‑year renewal options follow the primary term
