Net Lease O’Reilly Auto Parts | Newberg, OR
$1,850,000
For Sale
8780
Property ID
5,707 SqFt
Size
Description
NEW 8-YEAR CORPORATE LEASE EXTENSION:
Effective May 1, 2025, O’Reilly committed to an 8-yearlease extension with no concessions. This extension includes three (3) renewal options to extend the Lease for a period of five (5) years each beyond the Extended Term.
NOI: $103,403
CAP: 5.59%
Address
Address:
2301 Portland Road, Newberg, OR, USA
- Province / State: Oregon
- City / Town: Newberg
- Postal code / ZIP: 97132
- Property ID 8780
- Price $1,850,000
- Property Type Retail
- Property status For Sale
- Year Built 1994
- Size 5,707 SqFt
- Land area 0.00.52 Acres
- Sellers Motivation Exiting CRE asset class
- Number of Units 1
