7405 Crater Lake HWY, White City, OR 97503
7405 Crater Lake HWY, White City, OR 97503
7405 Crater Lake HWY, White City, OR 97503
7405 Crater Lake HWY, White City, OR 97503
7405 Crater Lake HWY, White City, OR 97503
7405 Crater Lake HWY, White City, OR 97503
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Brad Knotts

Brad Knotts

Central Oregon

+1(503) 580-5206
$ 1,800,000
Est. payment | /mo

7,686 SqFt


Save
$ 1,800,000
Est. payment | /mo
Save

7,686 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,686 sqft

Price per Sqft $234

MLS Listing ID 220216544

Year Built 1991

Annual Tax Amount $22,202

Lot Size 1.280 Acres

Acres 1.28

Lot Dimensions 1.28

Property Description

Fully stabilized, 100% leased NNN retail center purpose-built for passive income replacement. $125,125 NOI in place at close -- no lease-up, no vacancy risk, no landlord obligations. Three essential-use tenants (food & beverage, national franchise, dental services) across 7,686 SF with all leases running through 2030. WALE of 4.39 years delivers the income certainty 1031 buyers require. Weighted average annual rent escalations of 2.32% provide inflation-aligned growth without renegotiation. True NNN structure -- tenants pay all taxes, insurance, and CAM. Net cost to owner: $0. Positioned at the high-traffic Hwy 62 & Hwy 140 intersection in White City's premier commercial node, adjacent to the Medford MSA.

Location

State OR

County Jackson

Rooms

Basement None

Interior

Interior Features Built-in Features, Tile Counters

Heating Natural Gas

Cooling Central Air

Window Features Double Pane Windows,Vinyl Frames

Exterior

Parking Features Asphalt, Parking Lot

Roof Type Membrane

Building

Lot Description Corner Lot, Landscaped, Level

Foundation Slab, Stemwall

Water Public

Level or Stories One

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID 10258209

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Coldwell Banker Commercial Professional Group

NEARBY SCHOOL & BUSINESS

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7405 Crater Lake HWY