$450,000
2030 NW Vine Street, Grants Pass, OR 97526
beds
baths
sqft
Property Type
Commercial Sale
Commercial Sale
Built
1929
1929
Lot Size
0.61 Acres
0.61 Acres
Property Highlights
Property Highlights
– Stand-alone, single-tenant restaurant building
– ~0.61-acre commercial lot at the North Grants Pass I-5 interchange
– Located near In-N-Out, McDonald’s, and Hampton Inn & Suites
– Regularly shaped parcel with potential for future redevelopment
– Tenant lease in place through March 2028
– Current rent $2,329.90/month, Triple Net (NNN)
– Three successive 5-year renewal options for the tenant
– Rent increases tied to CPI during the current term and renewal terms
– Tenant has first right of refusal for the property
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Facts & features
Bedrooms
Bathrooms
Square Feet
Listed By
Pulver and Leever Real Estate
officemgr@pulverandleever.com
Pulver and Leever Real Estate
officemgr@pulverandleever.com
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Data source: Oregon Data Share LLC.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.