170 Oakway Rd, Eugene, OR
Fully occupied retail center in Eugene's prime retail corridor.
- Added:
- Mar 28, 2025
- Days on Market:
- 447
- Last Refresh:
- May 20 at 9:44 pm
Property Features for 170 Oakway Rd
General Information
- Standard status
- Active
- Size
- 80,996 SF
- Lot size
- 5.51 Acres
- Property subtype
- RETAIL
Listing agent Nicholas "Nick" Bushong
Listing office Fulcrum Pacific CRE (503) 778-0362
Listing date Mar 28, 2025
Source Moodyscre
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 Fulcrum Pacific CRE
HighLights
- 100% occupied retail center in Eugene's prime retail corridor.
- Over 91% of gross leasable area occupied by long‑term tenants (15+ years).
- Priced significantly below replacement cost.
- Located off I‑105 exit, across from Oakway Center, with high visibility and traffic.
- All NNN leases provide reliable income with minimal landlord involvement.
- Located in a densely populated, high‑demand area with limited new development, offering redevelopment potential.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.75M | $21.60 |
| − Vacancy | −$70.0k | −$0.86 |
| EGI | $1.68M | $20.74 |
| − OpEx | −$503.9k | −$6.22 |
| NOI | $1.18M | $14.52 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Oakway Center — 2350 Oakmont Way # 204, Eugene, OR 97401
- Coinstar — 311 Coburg Rd, Eugene, OR 97401
- 5th Street Market Alley — Parking lot, 550 Pearl St, Eugene, OR 97401
Location Insight
- Map
- Local Demand
- City
- Eugene
- County
- Lane
- State
- Oregon
- Longitude
- -123.08
- Latitude
- 44.0644