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0.81 Acres At 540 Hwy 20 N

United States /Oregon, 540 Hwy 20 N, 97738, 0.81

Listing ID :

95082648

Acres :

0.81 Acres
$895,000

View Agent's Properties and Profile:

Curt Blackburn

MLS Disclaimer: Copyright 0.81 Acres at 540 Hwy 20 N.

All rights reserved. Information is deemed reliable but not guaranteed.

Contact Seller

Property Description

This is for the building and land only. The leaser has been at this location for over 20 years and has just renewed the lease for another 5 years. The cap rate is 51/2 for 2021. This location is next to the Best Western Inn and is a great location. This is a great place to invest in if you are looking in the Eastern Oregon area. **Financial are available upon request YEAR BUILT: 1997 SQ. FT.: 4,848 LOT SIZE: .81 LEASE RATE: 7% of total gross sales LEASE TERMS: Lease just renewed for 5 years (June 1, 2022 to June 1, 2027) ANNUAL NOI: $53,000

Basic Details

Property Types:

Land

Listing Type:

For Sale

Listing ID:

95082648

Price:

$895,000

Acres:

0.81 Acres

Address Map

Country:

United States

State:

Oregon

County:

City:

Hines

Latitude:

43.5722

Longitude:

-119.076247

Street Address:

540 Hwy 20 N