Rare opportunity to purchase a 100% leased, Dollar Tree anchored shopping center in Southern Oregon. Nearly 30,000 SF center with long-time tenancies and strong historical performance . Dollar Tree has occupied the center since 2004, and the 5 other tenants add a great mix of long-standing, stable occupants. Located on the high-visibility corner of Crater Lake Highway and Highway 140 in White City. The property is in excellent condition with many recent upgrades. Starbucks owns their pad and contributes to common property expenses.Value-Add Opportunity: Approximately 2.2 Acres of developable land on the East end of the property. Suitable for development as two stand-alone pads or as a single building. Possibility of adding a drive-thru use. Buyer to verify permitted uses and development potential with Jackson County.
- Price:
- $5,850,000
- Acreage:
- 4.07
- Year Built:
- 1989
- Listing ID #:
- 220151678
- Street Address:
- 7310 Crater Lake Hwy
- City:
- White City
- State:
- Oregon
- Postal Code:
- 97503
- County:
- Jackson
- Listing Status:
- Active
- Listing Type:
- Commercial
- Building Security:
- Fire Sprinkler System, Security System Owned
- Construction Description:
- Block
- Foundation:
- Slab
- Number Of Units:
- 6
- Stories:
- One
- Type Of Roof:
- Membrane, Metal
- Year Built:
- 1989
- Conforms To Zoning:
- C-G
- Lot Square Footage:
- 177289.00
- Section:
- Not Applicable
- Days On Market:
- 291
- Terms:
- Cash, Conventional
- Cross Street:
- Highway 140
- Property Taxes:
- $35,647
- Tax Year:
- 2021
- Parking Description:
- Parking Lot, Shared Driveway
- Cooling System:
- Zoned
- Existing Water:
- Shared Well, Well
- Heating:
- Zoned
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: William J Leever of Pulver And Leever Real Estate
