5Th St Corvallis, OR 97330
Sponsored
Prime Corvallis office buildings, 100% occupied, strong NOI.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 0 5Th St
General Information
- Property type
- Office Properties & Spaces
- Class
- B
Building Details
- Year Built
- 1999
- Buildings
- 2
HighLights
- Two Class B office buildings totaling 12,283 net rentable square feet in Corvallis, OR.
- 100% occupancy with six tenants on triple‑net (NNN) leases, including First American Title, Mortgage Express, Connected Real Estate Group, Farmers Insurance, Guild Mortgage, and Principal Property Management.
- Ample parking (32 spaces per 1,000 sq ft).
- Asking price: $3,725,000, 5.93% cap rate, $220,841 NOI.
- Ground lease expiring May 20, 2048.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- Corvallis
- County
- Benton
- State
- Oregon
- Longitude
- -123.26133693031
- Latitude
- 44.56823907997
Nearby Similar for Sale
FAQs
What type of property is this?
Office Property / Space - Prime Corvallis office buildings, 100% occupied, strong NOI.
Where is this office property / space located?
The property is located at 5Th St Corvallis, OR.
What is the asking price?
The asking price for this property is $3,725,000.
What are key features of this property?
This property features: Two Class B office buildings totaling 12,283 net rentable square feet in Corvallis, OR.; 100% occupancy with six tenants on triple-net (NNN) leases, including First American Title, Mortgage Express, Connected Real Estate Group, Farmers Insurance, Guild Mortgage, and Principal Property Management.; Ample parking (32 spaces per 1,000 sq ft).
