OFFERING SUMMARY

SALE PRICE: $879,000

2025 Rent & Expense Reimbursement: $75,847
2025 Estimated Expenses: $15,660
2025 NOI: $60,187

This approx. 2,641 SF former bank building has been converted for single-tenant office use and is prominently located on Hwy 101, ensuring excellent exposure. The property is fully leased to the State of Oregon, offering stable long-term income. This is a turnkey investment opportunity with a reliable government tenant in place. Professional management company in place and interested in continuing their services.

VIEW FLYER

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CONTACT:
​Danny McGinley
email
phone

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• Prominent location on Hwy 101 with high visibility
• Approximately 2,641 SF office building
• Approximately 0.43 acres land
• Well-maintained former bank building
• On-site parking for tenant and visitors

• Fully leased to State of Oregon Employment Department
  • Expires November 30, 2033
  • Two extension options of 3 years each
  • 3% annual escalations
  • Modified Gross Lease

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