Former Restaurant with
For Sale
Contact for pricing
69990 E Hwy 26, Welches, OR
Former restaurant with drive-thru and equipment in place.
Property Size1,800 SF
Lot Size0.51 Acres
Price / SF$416.67
Days on Market475
Property Features for 69990 E Hwy 26
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.51 Acres
Property subtype
RETAIL
Listing Agency:
Macadam Forbes
(503) 972-7280
Listed By:
Brett Bayne · License ##940700089
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:07AM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This property, formerly a Subway location, features an existing drive-thru and includes restaurant equipment. The building has a size of 1800 square feet. It is suitable for drive-through restaurants, restaurants, and retail properties, including turn-key restaurant operations.
Key Highlights
- High‑Visibility Location
- Existing Drive‑Thru
- Restaurant Equipment in Place
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 | $38.7k | $21.48 |
| − Vacancy | −$2.9k | −$1.61 |
| EGI | $35.8k | $19.87 |
| − OpEx | −$10.7k | −$5.96 |
| NOI | $25.0k | $13.91 |
1,800 SF · lease $21.48/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$357.6K
$312.9K – $417.3K
NOI $25,035 @ 7.0% cap · market cap 3.34%
Second Best
Specialty Retail
$321.1K
$281.0K – $374.6K
NOI $22,478 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$485.9K
$425.1K – $566.8K
NOI $34,010 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,286 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Former restaurant with drive-thru and equipment in place.
Where is this drive through restaurant located?
The property is located at 69990 E Hwy 26 Welches, OR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: High‑Visibility Location; Existing Drive‑Thru; Restaurant Equipment in Place
