Hobby Lobby Investment Opportunity | 6.5% Cap Rate

1871 14th Ave SE, Albany, OR 97322

  • For Sale $6,418,077
  • Property Type Other
  • Lot Size 1.62 SF
  • Building Class A
  • Year Built 1988
  • Date Updated Apr 24, 2024

The Twist Capital Team of Colliers is pleased to offer for sale, to qualified investors, the opportunity to acquire this Hobby Lobby asset located in Albany, Oregon. The property is situated within the Heritage Mall with other anchors that include Ross, Old Navy, Famous Footwear and Target. The asset is conveniently positioned south of Santiam Highway SE, which connects to Interstate 5. The property benefits from high traffic counts and visibility with its exposure within a power center and its location and proximity to major roadways.

Click here to view the Offering Memorandum via CREXI!  

Existing For Sale

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Attachments

Contacts

broker

Christopher Twist

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Bike Score ®

    83/100 Very Bikeable
Powered by Walk Score ®
  • City Albany, OR
  • Zip Code 97322
  • Market Eugene

Points of Interest

  • Albany

    0.97 miles

  • Safeway Fuel Station

    0.10 miles

  • Fred Meyer Fuel

    0.44 miles

  • Costco Gasoline

    0.96 miles

  • Chevron

    1.26 miles

  • Arco

    1.29 miles

  • Shell

    1.29 miles

  • Pacific Pride

    1.81 miles

  • Chevron

    1.84 miles

  • Shell

    5.07 miles

  • Chevron

    5.09 miles

  • Arboretum Parking Lot

    7.61 miles

  • Automobile Parking

    7.80 miles

  • Truck and RV Parking

    7.80 miles

  • Truck and RV Parking

    7.84 miles

  • Automobile Parking

    7.88 miles

  • Rest Area I-5 (South Bound)

    7.98 miles

  • Samaritan Hospital Parking

    8.48 miles

  • Corvallis Clinic Parking

    8.69 miles

  • McDonald's Parking lot

    8.85 miles

  • 912 and 908 Car parking

    8.87 miles

  • Phoenix Inn

    1.06 miles

  • Best Western Prairie Inn

    1.23 miles

  • La Quinta Inn

    1.25 miles

  • Super 8

    1.33 miles

  • St. Francis

    1.41 miles

  • Comfort Suites

    1.60 miles

  • Holiday Inn Express & Suites

    1.66 miles

  • Best Western Grand Manor and Suites

    9.22 miles

  • Comfort Suites

    9.24 miles

  • Econo Lodge

    9.26 miles

  • Burger King

    0.03 miles

  • Del Taco

    0.05 miles

  • Red Robin

    0.05 miles

  • Applebee's

    0.07 miles

  • Arby's

    0.30 miles

  • PizzAmore

    0.31 miles

  • Sizzler

    0.33 miles

  • Tacos El Machine

    0.35 miles

  • Yummy House

    0.36 miles

  • Wendy's

    0.36 miles

  • Mid Valley Learning Center

    0.26 miles

  • Periwinkle Elementary School

    0.57 miles

  • Waverly Elementary School

    0.64 miles

  • Sunrise Elementary School

    0.71 miles

  • South Shore Elementary School

    0.71 miles

  • Calapooia Middle School

    0.96 miles

  • Albany Christian School

    0.99 miles

  • Saint Marys Catholic School

    1.14 miles

  • Central Elementary School

    1.15 miles

  • Lafayette Elementary School

    1.19 miles

  • Maple Lawn Preschool

    0.65 miles

Frequently Asked Questions

What is the lease rate for Hobby Lobby Investment Opportunity | 6.5% Cap Rate?

Rental asking rate at Hobby Lobby Investment Opportunity | 6.5% Cap Rate is $3,209,038.50/YR.

What is the total square footage of Hobby Lobby Investment Opportunity | 6.5% Cap Rate?

Hobby Lobby Investment Opportunity | 6.5% Cap Rate totals 62,100 square feet.

When was this property built?

Hobby Lobby Investment Opportunity | 6.5% Cap Rate was built in 1988.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Christopher Twist