1006 CHETCO Ave, Brookings, OR 97415
sale
$950,000
|
Commercial-Other
Listed By CENTURY 21 Agate Realty
Rare NNN investment opportunity with premier Highway 101 frontage in Brookings, OR! Fully leased to a national QSR tenant, an established operator in place since 2022, with the lease extended through 2037 plus four 5-year renewal options and 3% rent escalations at each renewal. Tenant reimburses 100% of taxes, insurance, and utilities-true low-management ownership. Landlord responsibilities are limited to roof/structure/exterior; the tenant covers interior repairs, HVAC maintenance, and janitorial. Well-maintained building, ready for new ownership with no deferred maintenance. Excellent visibility and traffic exposure on one of Brookings' most-traveled corridors. Perfect for 1031 exchange buyers or investors seeking stable, predictable cash flow. Call for more information!
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Property Features
- Building Area: 1762.00 SF
- Cross Docks: N
- For Auction: N
- Heating - Fuel Type: Other
- Heating Type: Heat Pump
- Lot Size In Text: 0.45 Sq. Ft.
- MLSID: 778385048
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Taxes: $4958.00
- Year Built: 1998
- Zoning: C3
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