eXp Realty, LLC
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listing
1 of 34
Commercial
$4,500,000
435 NE Evans St
Mcminnville, OR 97128
Listing Provided Courtesy of Constant Commercial Real Estate Inc
MLS: Regional Multiple Listing Service (RMLS)
17,000Sq Ft
Est. Mortgage
$23,328/mo

Fully restored and renovated historic downtown McMinnville NNN, multi-tenant office building presents a compelling investment opportunity characterized by stable, 100% occupancy. Significantly renovated down to the concrete and studs in 2017, this property features all-new, ultra-efficient systems, including energy-saving windows, modern Daikin mini-split HVAC units, cost-effective LED lighting, a comprehensive alarm and camera system all under a brand-new, durable 50-year PVC roof. All major systems are entirely replaced, including new above and underground plumbing and electrical infrastructure. 7 on-site parking spots and additional public parking garage across the street. The full triple-net (NNN) lease structure ensures a streamlined management experience with all operating expenses, including the low maintenance costs associated with the new systems, being fully absorbed by the tenants. Investors will appreciate the upside market rental rates, along with the benefit of primary tenancies generating tax-exempt income. Seller willing to carry attractive terms with large down payment.

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Information courtesy of Constant Commercial Real Estate Inc is subject to verification and is not guaranteed.
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