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1961 14th Ave SE
Albany, OR 97322

$2,927,000 USD

General Retail For Sale  •  2,325 SF

Property Details

• Property Type General Retail
• Total Building Size 2,325 SF
• Lot Size 0.49 AC
• Building Class B
• Year Built 2021
• Cap Rate 4.75 %
• Tenancy Single
• Zoning C

0 Transit Score

80 Walk Score

Highlights

10+ years remaining on corporate lease featuring 10% rental increases every 5 years

Pad to Target-anchored mall – Heritage Mall, top 8% of shopping centers in Oregon in terms of annual foot traffic per Placer.ai

Ideal positioning at main ingress/egress point

20-year roof materials warranty in place (~15 years remaining)

Chipotle's 2024 revenues totaled $11.3 billion, a 14.6% increase over the previous year

Ranked on the Fortune 500 and recognized on the 2024 list of Fortune’s Most Admired Companies

Property Flyers

Chipotle_AlbanyOR

Cap Rate:

4.75 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Albany Amtrak Station (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak)	5 min	-	1.9 mi