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257 N 8th St
Cottage Grove, OR 97424

$1,250,000 USD

Medical For Sale  •  2,989 SF

Property Details

  • Property Type Medical
  • Total Building Size 2,989 SF
  • Lot Size 0.3 AC
  • Building Class B
  • Year Built 1960
  • Tenancy Single
  • Zoning RC
30 Transit Score
50 Walk Score

Highlights

NNN Lease: Pacific ClearVision Institute will sign a brand new 10-year NNN lease at closing with limited landlord responsibilities.
The lease is fully guaranteed by Pacific ClearVision Institute, who has operated in the greater Eugene, OR market since 1989 with two total locations.
2% annual rent increases provide contractual rent growth, offering 20% rent growth and an average yield of 6.55% over the firm lease term.
A new 60 mil TPO membrane roof was installed in 2024 with a 5-yr transferrable warranty, minimizing future landlord capital expenditure responsibility
Cottage Grove boasts an impressive 2.3% vacancy rate, highlighting the demand for medical space.
Located just off Hwy 99 (11,200 VPD) and E Main St (11,400 VPD), surrounded by major retailers Safeway, Walgreens, AF, Verizon, and Domino's

Property Flyers

Amenities

  • Reception
  • DDA Compliant
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Mahlon Sweet Field 46 min - 31.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Anthony Albrecht 503-210-4062 Northmarq
Anthony Albrecht 503-210-4062 Northmarq