Jiffy Lube NNN Retail
340 Coburg Road, Eugene, OR 97401
For Sale
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The property has an absolute NNN lease with annual rent increases and three renewal options.
Property SizeContact for details
Days on Market36
Property Features for 340 Coburg Road
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Secure Net Lease
Listed By:
Kyle Varni · License OR #707940
(469) 694-4189
Source:
Crexi
Added: Oct 5
Changed: Nov 8
Last Checked: Nov 8 at 6:05PM
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 Secure Net Lease
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Investment Insights
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This Jiffy Lube retail property is subject to a 10-year absolute NNN lease, with 1.15% annual rent increases and (3) 5-year renewal options.
The property is on Coburg Road in Eugene, 0.5 miles from the University of Oregon and Autzen Stadium. It sits at a signalized intersection on a retail corridor reported to carry 28,000+ vehicles per day. Oakway Center Mall and retailers including Trader Joe’s, Albertson’s, and Chipotle are next door. The surrounding five-mile area has a population of 215,000+ and average household income of $99,000+.
The property is on Coburg Road in Eugene, 0.5 miles from the University of Oregon and Autzen Stadium. It sits at a signalized intersection on a retail corridor reported to carry 28,000+ vehicles per day. Oakway Center Mall and retailers including Trader Joe’s, Albertson’s, and Chipotle are next door. The surrounding five-mile area has a population of 215,000+ and average household income of $99,000+.
Key Highlights
- 10‑year absolute NNN lease
- 1.15% annual rent increases
- (3) 5‑year renewal options
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
293k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Dining 22%
Shops & Services 18%
Apparel 10%
Trader Joe's
Groceries
56,889 visits/mo
0.1 miles
Albertsons
Groceries
34,188 visits/mo
0.2 miles
Old Navy
Apparel
17,758 visits/mo
0.2 miles
Chevron
Shops & Services
15,450 visits/mo
0.1 miles
Sephora
Beauty & Spa
13,933 visits/mo
0.3 miles
Demographics for 97401, OR
45,634
Population
24,220
Households
1.9
Avg Household Size
32
Median Age
47%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
4,907
Density / Sq Mi
$51,244
Median Household Income
$26,604
Median Earnings
$1,318
Median Rent
$472,200
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - The property has an absolute NNN lease with annual rent increases and three renewal options.
Where is this nnn property located?
The property is located at 340 Coburg Road Eugene, OR.
What is the asking price?
The asking price for this property is $2,470,000.
What are key features of this property?
This property features: 10‑year absolute NNN lease; 1.15% annual rent increases; (3) 5‑year renewal options
