Retail NNN Investment + Development Property

Monte Alban IMAGE WEB Lead

For Sale NNN Leased Retail Investment Property

Monte Alban Store Property
Real Estate Investment Income (not the business)
A Thriving Grocery Store + Take Out Food and Beverage
Plus – Now Includes Additional Land Parcel
425-445 North First St, and 460 North Second St, Woodburn, OR 97071
“Please do not disturb tenants”

Property Sold

Investment & Location Highlights

Offered at $850,000 (212.00 sq. ft.)
Parcel Size: 4,000 sq. ft, 0.09 Acres / Building Size: 4,000 sq. ft.
Additional Land Parcel Size: 1,425 sq. ft, located directly behind the store property at 460 North Second Street

• Single tenant occupancy - Mexicana Monte Alban
• Enterprise zone with matching money for further tenant improvements
• Free public surface parking adjacent to the store plus on-street free parking
• Newer membrane roof
• NNN Leased opportunity - Tenant pays operating expenses, property taxes, insurance and just extended the lease
• Zoned Commercial Store, CBD
• One adjacent property also currently available for sale, please contact the listing broker for additional information

About Woodburn, OR­ — Woodburn is a diverse city and agriculturally-rich city located between Salem and Portland along Interstate 5 in the North Willamette Valley.

KIP H. RUNNING Principal Broker