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1080 SW 1st Ave
Canby, OR 97013 Canby

$4,631,000 USD

Drugstore For Sale  •  14,820 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,820 SF
  • Lot Size 1.39 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 6.40 %
  • Tenancy Single
  • Zoning CM
0 Transit Score
67 Walk Score

Highlights

ABSOLUTE-NET LEASE (NO LANDLORD RESPONSIBILITIES): 13 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases.
STRATEGIC SIGNALIZED HARD CORNER LOCATION
NEARBY MAJOR SCHOOLS: Walgreens Business Benefits from Being Close to Six Schools Totaling 3,400+ Students.
ADJACENT TO SAFEWAY ANCHORED SHOPPING CENTER
STRONG CORPORATE GUARANTY: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.
STRONG PERFORMING LOCATION: High Sales Reported - Contact Broker for Details

Property Flyers

Cap Rate: 6.40 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 14,820 SF 2/20/2038

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Wilsonville (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 16 min - 8.3 mi
AirportDriveWalkDistance
Portland International 45 min - 28.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes
Peter Deltondo 949-419-3267 Deltondo Advisory Group
Peter Deltondo 949-419-3267 Deltondo Advisory Group