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    132 Broadway Eugene, OR 97401

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    For Lease
    Contact for pricing

    Prestigious downtown Eugene office, flexible spaces available.

    Lot size:
    7,927 SF

    Property Features for 132 Broadway

    General Information

    Property type
    Office Units
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,927 SF

    Building Details

    Year Built/Renovated
    1924/2019
    Stories
    8

    Spaces For Lease

    at 132 Broadway, Eugene, OR 97401 Contact us
    Unit Suite 532

    $22 /Mo

    Size
    661 SF
    Contact us
    Unit Available Space 825

    $22 /Mo

    Size
    1,322 SF
    Contact us
    Unit Available Space 240

    $24 /Mo

    Size
    270 SF
    Contact us
    Unit Suite 101

    $22 /Mo

    Size
    598 SF
    Contact us
    Unit Suite 712

    $22 /Mo

    Size
    726 SF
    Contact us
    Unit Available Space 621

    $22 /Mo

    Size
    445 SF
    Contact us
    Unit Suite 200

    $22 /Mo

    Size
    3,289 SF
    Contact us
    Unit Suite 214

    $22 /Mo

    Size
    616 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Abby Hyland
    Abby Hyland

    Listing Agency: Campbell Commercial Real Estate Listing Agent: Abby Hyland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    The Miner Building, a landmark in Eugene, Oregon, offers exceptional office space in the heart of the city's tech hub. Built in 1924 and extensively renovated in 2019, this eight-story building seamlessly blends historic charm with modern amenities. Currently offering multiple tenancy options, spaces range from 270 square feet to 3,289 square feet, catering to diverse business needs. Located at 132 E Broadway, Eugene, OR 97401, this prime location provides easy access to downtown amenities and the University of Oregon. The building boasts a rich history, having served as the birthplace of notable companies including Nike and others, and has been owned by the University of Oregon for over 35 years. This prestigious address offers a unique opportunity to establish your business in a building that reflects both legacy and innovation, providing a sophisticated and productive work environment for today's professionals. The building's traditional office spaces are complemented by executive office suites and coworking options, ensuring a flexible and adaptable workspace for various business models and sizes. The 2019 renovations have ensured a modern and efficient infrastructure, while preserving the building's distinctive historical character. This is an unparalleled opportunity to secure office space in a truly iconic Eugene building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thatcher Edward M ... Dental Office Smarsh Inc (Bike/Boat/Book/etc) Store EDX Wireless, Inc. (Bike/Boat/Book/etc) Store Painton Therapy Center Physician H. BROOKS MORSE ... Counselor

    Suggested Use

    Real Estate Agency Dental Office Restaurant Law Firm Hair Salon Building Supply Nail Salon Daycare Center Kitchen & Bath Showroom Spa & Massage Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.0905833
    Latitude
    44.0496414

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      Retail Suites Available For Lease

      Retail suites available for lease in Eugene, Oregon.
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      Industrial Warehouse Space Available

      6,500 sq ft warehouse with fenced yard for lease.
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      View Details

    FAQs

    What type of property is this?
    Office units - Prestigious downtown Eugene office, flexible spaces available.
    Where is this office units located?
    The property is located at 132 Broadway Eugene, OR.
    What is the lease rate?
    The lease rate is $22-$24 SF/Yr.
    What are key features of this property?
    This property features: High-speed fiber optic internet access.; Preserved historic character with contemporary renovations.; Prime location in the city's central tech district.
    (541) 556-4813 Call to check price and availability
    Request Owner's contact information
    132 Broadway Eugene, OR 97401
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    Eugene, OR 97401
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132 Broadway Eugene, OR 97401
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Abby Hyland
    Abby Hyland
    Real Estate License ID: 201256624
    Learn More
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