950 Seneca Rd Eugene, OR 97402
6,000 SF restaurant on 0.84 acres in Eugene, Oregon.
- Added:
- May 25, 2022
- Days on Market:
- 1510
- Last Refresh:
- May 19 at 8:39 pm
Property Features for 950 Seneca Rd
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.84 Acres
- Property subtype
- Retail
Listing office Campbell Commercial Real Estate (541) 484-2214
Listing date May 25, 2022
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Campbell Commercial Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Stand‑alone 6,000 SF restaurant building.
- Located on 0.84 acres in the Fred Meyer parking lot.
- High traffic location at a signalized intersection (±32,070/day).
Local Financial Insights For Specialty 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 | $136.8k | $22.80 |
| − Vacancy | −$4.8k | −$0.80 |
| EGI | $132.0k | $22.00 |
| − OpEx | −$33.0k | −$5.50 |
| NOI | $99.0k | $16.50 |
