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Leased Commercial Tract For Sale
For Sale
$6,000,000

1600 E Pine St, Central Point, OR 97502

Commercial land for sale, leased to Pilot Travel Centers.

Property SizeContact for details
Days on Market167

Property Features for 1600 E Pine St

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Pulver and Leever Real Estate
Listed By: Frank J Pulver · License #780200698
Source: Xperiencerealestateoregon
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 8 at 5:06AM

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 Pulver and Leever Real Estate

Investment Insights

Based on property information with market context.

This commercial tract is fully developed and leased to Pilot Travel Centers, LLC under an unsubordinated ground lease. The annual rent, beginning January 1, 2022, is $270,000 per year, net net net. A new 20-year renewal is in place. The property is located in Central Point, Oregon.

Key Highlights

  • High‑Credit Tenant: Leased to Pilot Travel Centers, LLC.
  • Long‑Term Lease: New 20‑year renewal.
  • Passive Income: $270,000 annual net net net rent (starting Jan. 1, 2022).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Big Box & Wholesale Store Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
152k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Groceries 26% Shops & Services 15% Apparel 6%
Albertsons Groceries
39,141 visits/mo 0.3 miles
Taco Bell Dining
17,041 visits/mo 0.1 miles
SONIC Drive In Dining
15,446 visits/mo 0.2 miles
Burger King Dining
11,353 visits/mo 0.1 miles
Goodwill Apparel
9,638 visits/mo 0.4 miles

Demographics for 97502, OR

29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land for sale, leased to Pilot Travel Centers.
Where is this commercial land located?
The property is located at 1600 E Pine St Central Point, OR.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: High‑Credit Tenant: Leased to Pilot Travel Centers, LLC.; Long‑Term Lease: New 20‑year renewal.; Passive Income: **$270,000 annual net net net rent** (starting Jan. 1, 2022).
More about this property
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