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844 Olive St
7,160 SF of Retail Space Available in Eugene, OR 97401
Highlights
- Heavy foot traffic at night
- Large kitchen
- Extensive outdoor seating
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 7,160 SF | 16 ft | 5-10 Years | £12.05 /SF/PA £1.00 /SF/MO £129.69 /m²/PA £10.81 /m²/MO £86,268 /PA £7,189 /MO | Triple Net |
1st Floor
Imagine a vibrant, immersive bar and venue that transports you to a world of entertainment. That's exactly what this exceptional opportunity in downtown Eugene, Oregon offers. With a generous 319-person capacity, expansive outdoor patios, a game room, and a state-of-the-art commercial kitchen, this space has been meticulously upgraded to provide an unparalleled experience for both patrons and business owners. The lease terms are exceptionally favorable making this an incredibly attractive investment. This truly is a rare gem that combines prime location, exceptional facilities, and the potential for remarkable success. Tenant property sold through other broker.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Heating System
- Kitchen
- Freezer Space
- High Ceilings
- Finished Ceilings: 16 ft
- Basement
- Wooden Floors
- Located in the heart of downtown Eugene
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 844 Olive St , Eugene, OR 97401
| Property Type | Retail | Gross Internal Area | 7,160 SF |
| Property Subtype | Restaurant | Year Built | 1974 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 7,160 SF |
| Year Built | 1974 |
About the Property
Imagine a vibrant, immersive bar and venue that transports you to a world of entertainment. That's exactly what this exceptional opportunity in downtown Eugene, Oregon offers. With a generous 319-person capacity, expansive outdoor patios, a game room, and a state-of-the-art commercial kitchen, this space has been meticulously upgraded to provide an unparalleled experience for both patrons and business owners. The lease terms are exceptionally favorable and offer renewal options, making this an incredibly attractive investment. This truly is a rare gem that combines prime location, exceptional facilities, and the potential for remarkable success. Tenant property sold separately by another broker. County records show 7344 sqft. Owner wants to receive $1.25 a sqft per month or $9180 a month plus NNN fees. NNN fees approximately $1790 a month depending on type of business and insurance requirements. Call Rob Olsen 541-501-3939
Nearby Major Retailers
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Rob Olsen -
United Real Estate
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844 Olive St
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