Property profile

2835 Oak St Eugene, OR 97405

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional restaurant opportunity is located within the thriving Southtowne Shoppes, a well-established retail center in South Eugene's desirable South Willamette Corridor. The property offers a total of 2,308 square feet, featuring approximately 1,767 square feet of prime restaurant space perfectly complemented by 541 square feet of dedicated kitchen and prep area. This single-tenant space is ideally situated just one block from Willamette Street, ensuring high visibility and convenient access for customers. The center boasts a strong tenant mix, including established businesses such as Long's Meats, Barry's Deli, Funagain Games, Edward Jones, Replay Toys, Wild Rose Tattoo, Ruth's Foundations, and Chad Michael Salon, creating a vibrant and attractive shopping destination. The lease rate is $1.75 per square foot, per month, on a triple net basis. Triple net charges are estimated at approximately $0.61 per square foot per month. This location offers excellent potential for a variety of restaurant concepts seeking a prime spot in a busy and established retail environment. The property is situated in Lane County, near the intersection of Oak Street and 28th Avenue. Don't miss this chance to secure a fantastic restaurant space in a high-traffic area.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2835 Oak St Eugene, OR 97405
Eugene metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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