Cornerstone Court - Mixed Use Investment

Leased multi-tenant investment property now available for sale. Cornerstone Court has a long-standing history of diverse, quality tenants. The property is situated on 1.34 acres with prime frontage along Hermiston's Hwy 395 commercial corridor. The building has been well maintained and is in excellent condition with recent updates to the HVAC (2023), Roof (2024) and Exterior Paint (2025). This property offers a variety of suite sizes and layouts and provides a reliable income stream with future rent escalations.OFFERING SUMMARY: Building Size: 16,880 SFLot Size: 1.34 AcresPrice/SF: $115.52Cap Rate: 6.68%NOI: $130,233Year Built: 1998Zoning: C-2 Outlying CommercialMarket: Umatilla CountyAPN: 1802PROPERTY HIGHLIGHTS:Excellent Location with High VisibilityHWY 395 Frontage with 14,000+ ADTDiverse, Quality Tenant MixPylon Signage with Digital Reader board