Keizer Plaza

4900 River Rd N, Keizer, OR

$4,175,000

Price

6.02%

Cap Rate

16,870 sqft

Building Size

Overview
Cap Rate
6.02%
Building Size
16,870 sqft
Lot Area
1.25 acres
Year Built
1964
Zoning
Commercial Mixed Use
MlsNumber
524986
Parking Spots
56
Parking Ratio
3
Description

If you're an investor looking for a fully leased property, then Keizer Plaza, with its impressive 16,870 square feet of prime retail space, is an opportunity you won't want to miss. With 13 tenants on board, including a variety of retail stores, food users, and services, this shopping center is a bustling hub of activity. What's more, it's located right on River Road, Keizer's main thoroughfare, and is easily accessible to customers via public transportation. Originally built in 1964, the center underwent a complete renovation in 2006, promising a modern and updated space for all tenants. Seller to provide financial documents upon receipt of a NDA with the buyer. Seller will be doing a 1031 exchange and sale is contingent on seller closing on a replacement property. Closing to be with Ticor Title.

Highlights
  • Lot Dimension: 389x140
  • Annual Tax: $ 23907.0
  • Average Occupancy Rate: 100.0
  • Lot Size: 1-2 Acres
  • Age: Over 50 Years Old
  • Sewer: City
  • Water: City Water

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Listing ID: f9144ccb-8f7a-44a2-b918-14a264a31b03
Location
Gallery