Presented by: Coldwell Banker Commercial Realty
Property Description
Single Tenant. Absolute net lease with a 6.5% Cap Rate. Established Auto Parts tenant with great frontage and signage on 5th street in Madras. Adjacent .35 Acre lot also included in sale (TL 111311DA08700), total land .49 Acres.
Interior Features
Bathrooms
Total Baths0
Other Interior Features
Air Conditioning Y/NYes
BasementNone
Common Walls1 Common Wall
FlooringConcrete
Heating Y/NYes
General
Additional Parcels DescriptionTax Lot 111311DA08700 (.35 Acre)
Additional Parcels Y/NYes
Attached Garage No
Cap Rate6.5
CityMadras
Construction MaterialsBlock, Concrete, Frame
CoolingCentral Air
CountyJefferson
DirectionsNorth from Bend towards Madras then North on 5th, property will be on your left.
HeatingOther
LevelsOne
Lot Size Square Feet6,098 sqft
Lot Size UnitsAcres
Net Operating Income78000
New ConstructionNo
Number Of Units Total1
Property TypeCommercial Sale
RoofMembrane
SewerPublic Sewer
Sewer_co_Public_sp_Sewertrue
Standard StatusActive
StatusActive
Structure TypeRetail
Tax Annual Amount$3,991
Tax Year2025
Tenant PaysCommon Area Maintenance, Electricity, Exterior Maintenance, Gas, Insurance, Interior Maintenance, Janitorial Service, Repairs, Sewer, Taxes, Water
Utilities_co_Cable_sp_Availabletrue
ViewCity
Year Built1955
Zoning DescriptionC3
Exterior
Building Area Total4,340 sqft
Foundation DetailsSlab
Lot FeaturesLevel
Lot Size Acres0.14
Lot Size Area0 sqft
Parking FeaturesOn Street, Parking Lot
Road Frontage TypeShared Access
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
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