Government
United States Post Office
358 Pacific Ave, Glendale, OR 97442
Listing Price: $320,000
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale the United States Post Office in Glendale, Oregon. The property consists of a 1,870-square foot building on a 0.16-acre lot.
The single-tenant building is occupied solely by the United States Postal Service (USPS). The Post Office is open for retail business Monday through Friday from 8:30 AM to 1:00 PM and 1:30 PM to 4:30 PM. In addition to the monthly rental payment for the property, the USPS pays all recurring utility bills and reimburses the Landlord for paid real estate taxes. The Landlord is responsible for the cost of insurance. Landlord and tenant repair and maintenance responsibilities are outlined in the Maintenance Rider and Utilities and Services Rider portions of the lease.
Glendale is located in southern Oregon near the Interstate 5 corridor. It is approximately 27 miles north of Grants Pass and 47 miles south of Roseburg.
United States Post Office
Investment Highlights
- Single-tenant building with long-term U.S. Postal Service tenancy
- 6.5 years remaining on the firm lease term
- 10% rental increase in March 2026
- Landlord maintenance rider | Tax reimbursement rider | No termination clause
- New interior paint completed August 2024 (contact agent for full list of recent improvements)
Exclusively Listed By
Broker of Record
Listing Price: $320,000
Investment Highlights
- Single-tenant building with long-term U.S. Postal Service tenancy
- 6.5 years remaining on the firm lease term
- 10% rental increase in March 2026
- Landlord maintenance rider | Tax reimbursement rider | No termination clause
- New interior paint completed August 2024 (contact agent for full list of recent improvements)
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale the United States Post Office in Glendale, Oregon. The property consists of a 1,870-square foot building on a 0.16-acre lot. The single-tenant building is occupied solely by the United States Postal Service (USPS). The Post Office is open for retail business Monday through Friday from 8:30 AM to 1:00 PM and 1:30 PM to 4:30 PM. In addition to the monthly rental payment for the property, the USPS pays all recurring utility bills and reimburses the Landlord for paid real estate taxes. The Landlord is responsible for the cost of insurance. Landlord and tenant repair and maintenance responsibilities are outlined in the Maintenance Rider and Utilities and Services Rider portions of the lease. Glendale is located in southern Oregon near the Interstate 5 corridor. It is approximately 27 miles north of Grants Pass and 47 miles south of Roseburg.
Exclusively Listed By
Broker of Record
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