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Listed by Century 21 Agate Realty/Gold
$950,000
Est. payment /mo
1,762 SqFt
New
1006 CHETCO AVE Brookings, OR 97415
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Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 1,762 sqft
Price per Sqft $539
MLS Listing ID 778385048
Year Built 1998
Annual Tax Amount $4,957
Tax Year 2025
Lot Size 0.450 Acres
Property Sub-Type Income
Property Description
Rare NNN investment opportunity with premier Highway 101 frontage in Brookings, OR! Fully leased to a national QSR tenant, an established operator in place since 2022, with the lease extended through 2037 plus four 5-year renewal options and 3% rent escalations at each renewal. Tenant reimburses 100% of taxes, insurance, and utilities—true low-management ownership. Landlord responsibilities are limited to roof/structure/exterior; the tenant covers interior repairs, HVAC maintenance, and janitorial. Well-maintained building, ready for new ownership with no deferred maintenance. Excellent visibility and traffic exposure on one of Brookings' most-traveled corridors. Perfect for 1031 exchange buyers or investors seeking stable, predictable cash flow. Call for more information!
Location
State OR
County Curry
Area _270
Zoning C3
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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