Full details for Other For Sale in Hines, Oregon

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Description

510 Hwy 20 Hines This is for the building and land only. The leaser has been at this location for over 20 years and has just renewed the lease for another 5 years. The cap rate is 51/2 for 2021. This location is next to the Best Western Inn and is a great location. This is a great place to invest in if you are looking in the Eastern Oregon area. **Financial are available upon request YEAR BUILT: 1997 SQ. FT.: 4,848 LOT SIZE: .81 LEASE RATE: 7% of total gross sales LEASE TERMS: Lease just renewed for 5 years (June 1, 2022 to June 1, 2027) ANNUAL NOI: $53,000 Back to listing