4560 River Rd Keizer, OR 97303
- Turn key restaurants
- 384 SF
- 0.24 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 4560 River Rd
- Year built
- 2018
- Lot size
- 0.24 lot acres
- Property size
- 384 SF
- Zone code
- MU
- Property type
- Turn key restaurants
- APN
- 073W02CA04300
- APU
- 073W02CA04300
Description
This exceptional investment opportunity presents a fully leased, 462 square foot commercial building situated on a 0.24-acre corner lot in Keizer, Oregon. The property boasts a prime location at 4560 River Road N, benefiting from high visibility and traffic along a well-traveled arterial road. The building, constructed in October 2018, is in excellent condition and currently leased to Black Rock Coffee Bar corporate under a 10-year lease agreement. This long-term lease, initiated in August 2021, includes built-in annual rent increases and two five-year options to extend, providing significant passive income potential for the new owner. The established Black Rock Coffee Bar location has a proven track record of strong performance since its opening in 2018. This is an absolute net lease investment, minimizing the owner's operational responsibilities. The property's strategic location at the intersection of River Road N and Dietz Avenue NE ensures consistent customer traffic and visibility. This turnkey investment offers a rare opportunity to acquire a high-performing commercial property with a secure, long-term lease in a desirable location. The asking price is $1,107,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Keizer
- County
- Marion
- State
- Oregon
- Longitude
- -123.026
- Latitude
- 44.9904
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA