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Informations principales sur l'investissement

  • Low Vacancy Market
  • NNN Lease Structure
  • Brand New Roofs on Two Buildings

Résumé analytique

MARCUS & MILLICHAP HAS BEEN EXCLUSIVELY CHOSEN TO MARKET CORVALLIS MILLRACE, a versatile mixed-use property located in Corvallis, OR. This dynamic complex offers a blend of retail, office, and industrial spaces, built in 1973 and renovated in 1997. Spanning 41,478 square feet on a generous 2.95-acre lot, it provides ample room for diverse business operations. Recent improvements include a brand new roof installed on building 1750 in 2024, a three-year-old warrantied roof on building 1760, and a brand new roof installed on building 1780 in 2026. Additionally, the parking lot has been recently redone, new gas packs have been installed on the roof of building 1750, and a wireless fire suppression system is being implemented to eliminate monthly phone line charges. A flood designation removal is also in progress, and a 10-year transferable warranty is available.
Corvallis Millrace Center boasts an impressive roster of tenants, including prestigious institutions like Oregon State University, as well as established companies such as Acute Engineering and Kohler Design Corporation. Its strategic location near Oregon State University’s campus, home to over 37,000 students and 9,000 faculty and staff, ensures a steady flow of potential customers and employees. With 78 on-site parking spaces, multiple points of ingress and egress, and prominent signage, the center offers excellent visibility and accessibility for tenants and visitors alike. Building 1780 is further enhanced with a 3-phase 480 amp power supply. This prime positioning, combined with its flexible spaces and diverse tenant mix, makes Corvallis Millrace Center an attractive option for businesses looking to establish or expand their presence in the thriving Corvallis market.

Informations sur l’immeuble

Prix 4 556 344 €
Prix/m² 1 182 € / m²
Taux de capitalisation 7,51 %
Type de vente Investissement triple net
Statut Actif
Nb de biens 3
Individuellement en vente 0
Surface totale de l’immeuble 3 853 m²
Surface totale du terrain 1,18 ha

Biens

Nom du bien/adresse Type de bien Surface Année de construction Prix individuel
1760 SW 3rd St, Corvallis, OR 97333 Bureau 388 m² 1973 -
1780 3rd St SW, Corvallis, OR 97333 Industriel/Logistique 1 812 m² 1973 -
1750 SW 3rd St, Corvallis, OR 97333 Local d'activités 1 653 m² 1997 -
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  • ID de l’annonce: 40498267

  • Date de mise sur le marché: 12/05/2026

  • Dernière mise à jour:

  • Adresse: Corvallis Millrace Center, Corvallis, OR

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