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203 Pacific Ave
Glendale, OR 97442

$1,593,600 USD

Freestanding For Sale  •  7,520 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,520 SF
  • Lot Size 0.81 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning C
0 Transit Score
40 Walk Score

Highlights

Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Built Retail Asset with Modern Construction.
Located directly along Pacific Avenue (OR-99) - Primary Commercial Corridor through Glendale, providing Strong Daily Visibility to Commuter Traffic.
Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s & Annual Revenue Exceeding $4B.
Conveniently Located approximately 2.7 Miles from Interstate 5, supporting Strong Access for Regional Trips, Deliveries, and Pass-Through Traffic.
Proximity to Regional Gaming and Resort - Within the Same Broader Douglas County Regional Draw as Seven Feathers Casino Resort in Canyonville.
The Property benefits from proximity to Popular Outdoor Destinations including Cow Creek Recreation Area, Rogue River Fishing Areas, and more.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 7,520 SF 11/30/2032
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap