1600 Pne St, Central Point, OR 97502-2874

Exceptional investment opportunity in Central Point, Oregon, featuring an 8.53-acre commercial land parcel (APN 10887817) at 1600 E Pine St, 97502. This fully developed property is currently leased to Pilot Travel Centers, LLC, under a long-term unsubordinated ground lease with a substantial remaining term of approximately 17.1 years, expiring January 1, 2042. The lease provides a stable annual net-net-net rent of $270,000, commencing January 1, 2022, representing a significant return on investment. The property is zoned C-4, allowing for a variety of commercial uses. This offering presents a compelling opportunity for passive income generation with a strong, established tenant and a considerable remaining lease term. The asking price is $6,000,000. Detailed lease documents are available upon execution of a confidentiality agreement and contract. This is a prime opportunity for investors seeking a secure, high-yield commercial land investment with a blue-chip tenant. The property's location in Central Point, Oregon, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, income-producing asset with significant long-term potential.