7405 Crater Lake Highway, White City, OR 97503
- $1,800,000
Listing courtesy of Coldwell Banker Commercial Professional Group.
- List Price
- $1,800,000
Property Description
Fully stabilized, 100% leased NNN retail center purpose-built for passive income replacement. $125,125 NOI in place at close -- no lease-up, no vacancy risk, no landlord obligations. Three essential-use tenants (food & beverage, national franchise, dental services) across 7,686 SF with all leases running through 2030. WALE of 4.39 years delivers the income certainty 1031 buyers require. Weighted average annual rent escalations of 2.32% provide inflation-aligned growth without renegotiation. True NNN structure -- tenants pay all taxes, insurance, and CAM. Net cost to owner: $0. Positioned at the high-traffic Hwy 62 & Hwy 140 intersection in White City's premier commercial node, adjacent to the Medford MSA.
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