Leased commercial tract. Tenant is Pilot Corporation. Property is fully developed under an unsubordinated ground lease. 2020 Net Rent $249,515.68. Adjusted every 2 years by CPI (all items) for all urban consumers in Portland Oregon, not to exceed 6% for any 2 year period. Leased to December 14, 2021 with 2-5 year options to renew.
- Price:
- $4,803,008
- Acreage:
- 8.97
- Listing ID #:
- 102997711
- Street Address:
- 1600 E Pine St
- City:
- Central Point
- State:
- Oregon
- Postal Code:
- 97502
- County:
- Jackson
- Listing Status:
- Active
- Approximate Lot Size Range Source:
- Assessor
- Conforms To Zoning:
- C-4
- Lot Square Footage:
- 390733.00
- Days On Market:
- 542
- Terms:
- Cash
- Cross Street:
- Peninger
- Street Direction Prefix:
- E
- Street Type:
- Street
- Property Taxes:
- $80,239
- Tax Year:
- 2016
- Existing Water:
- Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
- Listing Provided By: Frank J Pulver of Pulver And Leever Real Estate
