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    970 Pearl St Eugene, OR 97401

    Sponsored
    For Lease
    $18 SF/Yr

    Prime 4,732 SF Retail Opportunity

    Lot size:
    4,732 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ground floor retail space, located at 970 Pearl Street in downtown Eugene, Oregon, offers 4,732 square feet of versatile commercial space. Currently in shell condition, this property presents a unique opportunity for a single tenant to customize the space to their exact specifications. Situated on a high-traffic street with excellent visibility, this location is ideal for businesses seeking maximum exposure in the heart of Eugene's vibrant downtown core. The property is zoned C-3, Major Commercial, allowing for a wide range of retail uses. The building is conveniently located near 10th Avenue, providing easy access for customers and employees. The lease terms are attractive, with a base rent of $1.50 per square foot per month, plus triple-net (NNN) charges of approximately $0.35 per square foot per month. The space is easily divisible, offering flexibility for businesses of varying sizes. This is a rare opportunity to secure a prime retail location in a thriving downtown area. Lane County location ensures access to a strong local market. Don't miss this chance to establish your business in a highly visible and desirable location.

    Property Features for 970 Pearl St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,732 SF

    Unit(s) available at that property

    Space
    Size
    4,732 SF
    Rate per SF
    $18

    HighLights

    • Ground floor retail space at 970 Pearl Street, Eugene, OR.
    • 4,732 square feet, single‑tenant space.
    • Currently in shell condition; build‑to‑suit opportunity.
    • High‑traffic downtown location, near 10th Avenue.
    • C‑3 Major Commercial zoning.
    • NNN lease at $1.50/SF/month, with estimated triple‑net expenses of $0.35/SF/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Profound Strength Personal Trainer Dustin Girard Personal Trainer

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Hair Salon Building Supply Nail Salon Clothing Store Daycare Center Spa & Massage

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

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.08972433437
    Latitude
    44.049183607387

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    FAQs

    What type of property is this?
    Retail property - Prime 4,732 SF Retail Opportunity
    Where is this retail property located?
    The property is located at 970 Pearl St Eugene, OR.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Ground floor retail space at 970 Pearl Street, Eugene, OR.; 4,732 square feet, single-tenant space.; Currently in shell condition; build-to-suit opportunity.
    Request Owner's contact information
    970 Pearl St Eugene, OR 97401
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    Eugene, OR 97401
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    Realmo Value Estimation

    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.

    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.

    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
    970 Pearl St Eugene, OR 97401
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