4560 River RD N Active

Keizer,OR 97303

$ 1107000

- Bed

0 Bath

462 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 462 sqft

Price per Sqft $2,396

MLS Listing ID 220193114

Year Built 2018

Annual Tax Amount $5,521

Lot Size 10,454 Sqft

Property Description

The new owner will have passive income with the Absolute NET investment opportunity. The property is fully leased to Black Rock Coffee Bar corporate on a 10-year term with annual rent increases that commenced in August 2021 that includes two 5 year options to extend. This location was established in 2018 and has a great track record of performance. The site is a .24 AC corner lot with a 462 SQFT Building was completed in October of 2018. This location is along River Road N and Dietz Avenue NE with frontage along River Road N, which is a well-traveled arterial. The subject improvements are in good condition and are of good quality. Listing Agent is a member of the selling entity.

Location

State OR

County Marion

Interior

Heating/Cooling Ductless,Electric,ENERGY STAR Qualified Equipment,Forced Air

Exterior

Exterior Feature Patio

Parking Features Asphalt,Driveway,On Street

Roof Type Composition

Parking Asphalt,Driveway,On Street

Building

Lot Description Corner Lot,Drip System,Landscaped,Level,Sprinkler Timer(s),Sprinklers In Front

Foundation Concrete Perimeter

Water Public

Structure Type Concrete,Frame,Modular

New Construction No

Construction Concrete,Frame,Modular

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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