This offering represents a prime opportunity to acquire a newly constructed, high-quality, commercial asset leased to Black Rock Coffee Bar under a long-term, corporate guarantee, providing stable and predictable cash flow. The lease structure minimizes landlord responsibilities, offering a passive investment profile with built-in rent escalations. The property features a well-maintained building with strong curb appeal, thoughtfully designed to support efficient tenant operations and convenient customer access. Located in Eugene, the property benefits from a vibrant and growing community know for its strong economic fundamentals, high quality of life, and diverse population base. As the home of University of Oregon, Eugene enjoys a steady influx of students, faculty and visitors, supporting consistent retail and service demand. The city's economy is anchored by education, healthcare, technology, and manufacturing, providing stability and long-term growth potential. Additionally, Eugene's reputation for outdoor recreation, sustainability, and livability continues to attract new residents and businesses, further enhancing its appeal as a desirable investment location. Tenant highlights: NASDAQ-listed public company Ticker: BRCB, Over 180 locations across seven states, $200M+ annual revenue, 24%+ year-over-year revenue growth, Strong same-store sales growth (~10%)High store-level margins (~29%), 10% Increases every 5 years Newly Developed, Anchored by 7-Eleven. NNN Lease, 13 years remaining on initial term. Roof and Structure are the Tenant's responsibility.
| MLS # | 356797375 |
|---|---|
| Listing Type | For Lease |
| Style | Income |
| Building Name | Black Rock Coffee Bar |
| Status | Active |
| Year | 2024 |
| Days On Site | 165 |
| Listing Provided By | MAJ Commercial Real Estate | Brandi Ho |
| SQ Feet | 1,900 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | C-2 |
| Acreage | 0.36 |
| Heating | Other |
|---|---|
| Heating Yn | No |
| Cooling Yn | No |
| Attached Garage Yn | No |
|---|---|
| Parking Features | On Site |
| Property | 31957 |
|---|
| State | OR |
|---|---|
| County | Lane |
| City | Eugene |
| Zip Code | 97402 |
| Listing VS Median (in 97402) | |
Price: $2,238,095 low | high Med: $400,000 sqft: 1,900 low | high Med: 1,308 $ / sqft: $1,178 low | high Med: $306 On site: 165 low | high Med: 105 | |
| State | OR |
|---|---|
| County | Lane |
| City | Eugene |
| Zip Code | 97402 |
| Listing VS Median (in 97402) | |
Price: $2,238,095 low | high Med: $400,000 sqft: 1,900 low | high Med: 1,308 $ / sqft: $1,178 low | high Med: $306 On site: 165 low | high Med: 105 | |
![]() | $429,000886 Polk StEugene, OR 97402 |