$6,000,000 SALE
Retail
45,086 SF
930 Hill St SE
Albany, OR 97322 Single Tenant Absolute NNN Investment Opportunity



Coldwell Banker Commercial is pleased to offer the opportunity to acquire the fee simple interest in an absolute NNN leased furniture and mattress superstore located in Albany, Oregon. At Home Furniture and Mattress Superstore, the tenant will sign a brand new 5-year lease at the close of escrow (sale-leaseback). The property consists of a retail building and warehouse building containing a combined 45,086 +/- SF on 2.9 acres (an assemblage of three separate tax lots 101, 200, 301) located at 930 Hill Sreet SE in Albany, Oregon. The retail building consists of a 36,230 SF building with an 11,290 SF +/- addition completed in 2006 and an 8,856 SF +/- warehouse building constructed in 2010. The improvements were originally constructed in 1972 as a grocery store, with the current owner converting it to a furniture and mattress superstore.


Property Type Retail
Property Use Net Leased Property
Year Built 1972
Renovated Year 2006
Zoning CC
Listing ID XN3N4F
Style Retail Bldg -Neighborhood Ctr
Building Size 45,086 SF
Lot Size 2.9 AC
Financials
Gross Income: $300,000
Additional Media