Skip to main content

Department Store

Aaron's

1990 W 11th Ave, Eugene, OR 97402

Listing Price: $1,875,496

Cap Rate
6.75%
Tenant Name
Aaron's
Years Remaining On Lease
5.4
Gross SF
7,912
Guarantor
Corporate Guarantee
Rentable SF
7,912
Price/Gross SF
$237.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.00

Investment Overview

Situated on a hard corner along one of the most heavily trafficked corridors in Eugene, this corporately guaranteed Aaron’s property currently has over 5 years remaining on the primary lease term. As a testament to the strength of this store, Aaron’s corporate acquired this location from a seasoned Franchisee in 2018 and has successfully served the 210,000+ residents that live within 5 Miles of the site since 2009. An incoming investor has the opportunity to acquire a very well-located asset leased to a corporate tenant who is known to have a recession-resistant business model. The minimal landlord responsibilities allow for ease of management and can also serve as an ideal 1031 Exchange Property.

Investment Highlights

  • Corporately Guaranteed
  • Minimal Landlord Responsibilities
  • Hard Corner on Highly Trafficked Corridor
  • 210,000+ Residents within 5-Mile Radius
  • 10 Percent Rental Increase Options

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (503) 200-2000

    License(s) OR: 201209561

    Oregon

Department Store

Aaron's

Listing Price: $1,875,496

Cap Rate
6.75%
Tenant Name
Aaron's
Years Remaining On Lease
5.4
Gross SF
7,912
Guarantor
Corporate Guarantee
Rentable SF
7,912
Price/Gross SF
$237.04
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.00

Investment Highlights

  • Corporately Guaranteed
  • Minimal Landlord Responsibilities
  • Hard Corner on Highly Trafficked Corridor
  • 210,000+ Residents within 5-Mile Radius
  • 10 Percent Rental Increase Options

Investment Overview

Situated on a hard corner along one of the most heavily trafficked corridors in Eugene, this corporately guaranteed Aaron’s property currently has over 5 years remaining on the primary lease term. As a testament to the strength of this store, Aaron’s corporate acquired this location from a seasoned Franchisee in 2018 and has successfully served the 210,000+ residents that live within 5 Miles of the site since 2009. An incoming investor has the opportunity to acquire a very well-located asset leased to a corporate tenant who is known to have a recession-resistant business model. The minimal landlord responsibilities allow for ease of management and can also serve as an ideal 1031 Exchange Property.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (503) 200-2000

    License(s): OR: 201209561

    Oregon

MM Texture Background
MM Textured Background Lower