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1600 E Pine St - Travel Center Development, LLC

8.53 Acres of Commercial Land Offered at £4,734,000 in Central Point, OR 97502

Executive Summary

Annual rent beginning Jan. 1, 2022 is $270,000/yr Net Net Net. New 20 year renewal. Lease documents provided only when in contract and w/NDA. Frank J. Pulver, III and William L. Leever, Brokers are part owners of Travel Center Development, LLC (Seller) and acting for profit as well as Sellers' agent.

Attachments

Property Flyer - 1600 E. Pine Street

Property Facts

Price £4,734,000 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Conditions Ground Lease (Leased Fee) Total Lot Size 8.53 AC
No. Lots 1
Price £4,734,000
Sale Type Investment
Sale Conditions Ground Lease (Leased Fee)
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 8.53 AC

1 Lot Available

Lot 2301

Price £4,734,000 Lot Size 8.53 AC
Price Per AC £554,982
Price £4,734,000
Price Per AC £554,982
Lot Size 8.53 AC

Description

Leased commercial tract. Tenant is Pilot Travel Centers, LLC. Property is fully developed under an unsubordinated ground lease. Annual rent beginning Jan. 1, 2022 is $270,000/yr Net Net Net. New 20 year renewal. Lease documents provided only when in contract and w/NDA.

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Bike Score ®
Very Bikeable (70)
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PROPERTY TAXES

Parcel Number 10887817 Improvements Assessment £1,927,843
Land Assessment £1,117,516 Total Assessment £3,045,358

PROPERTY TAXES

Parcel Number
10887817
Land Assessment
£1,117,516
Improvements Assessment
£1,927,843
Total Assessment
£3,045,358

zoning

Zoning Code C-4
C-4
(541) 773-5391

  • Listing ID: 23562981

  • Date on Market: 01/07/2021

  • Last Updated:

  • Address: 1600 E Pine St, Central Point, OR 97502

The Land Property at 1600 E Pine St, Central Point, OR 97502 is currently available For Sale. Contact Pulver & Leever Real Estate for more information.

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1600 E Pine St - Travel Center Development, LLC
(541) 773-5391 x

1600 E Pine St - Travel Center Development, LLC

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Jared Pulver

(541) 773-5391

(541) 773-5391

Frank Pulver

(541) 773-5391

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(541) 773-5391 x116

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