About 4560 River Road N
The new owner will have passive income with the Absolute NET investment opportunity. Annual NOI is 59,605.92. The property is fully leased to Black Rock Coffee Bar corporate on a 10-year term with annual rent increases that commenced in August 2021 that includes two 5 year options to extend. This location was established in 2018 and has a great track record of performance. The site is a .24 AC corner lot with a 462 SQFT Building was completed in October of 2018. This location is along River Road N and Dietz Avenue NE with frontage along River Road N, which is a well-traveled arterial. The subject improvements are in good condition and are of good quality. Listing Agent is a member of the selling entity.
Features of 4560 River Road N
| MLS® # | 220193114 |
|---|---|
| Price | $975,000 |
| Acres | 0.24 |
| Year Built | 2018 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 4560 River Road N |
|---|---|
| Subdivision | N/A |
| City | Keizer |
| County | Marion |
| State | OR |
| Zip Code | 97303 |
Amenities
| Parking | Asphalt, Driveway, On Street |
|---|---|
| View | Territorial |
| Is Waterfront | No |
Interior
| Heating | Ductless, Electric, ENERGY STAR Qualified Equipment, Forced Air |
|---|---|
| Cooling | Central Air, ENERGY STAR Qualified Equipment |
| Fireplace | No |
| Stories | One |
| Basement | None |
| Levels | One |
Exterior
| Lot Description | Corner Lot, Drip System, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front |
|---|---|
| Windows | Low-Emissivity Windows, Double Pane Windows |
| Roof | Composition |
| Construction | Concrete, Frame |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | November 26th, 2024 |
|---|---|
| Days on Market | 359 |
| Zoning | MU |
| Horse Property | No |
Listing Details
| Office | eXp Realty, LLC |
|---|