Hobby Lobby Investment Opportunity | 6.5% Cap Rate

For Sale

1871 14th Ave SE, Albany, OR 97322

This Albany property for sale is located at 1871 14th Ave SE. The current listed sale price for Hobby Lobby Investment Opportunity | 6.5% Cap Rate is $6,418,077. Hobby Lobby Investment Opportunity | 6.5% Cap Rate is situated on a lot that is 1.62 square feet in size.

Contacts

broker

Christopher Twist

Property Details

  • Property Type Other
  • Lot Size 1.62 SF
  • Building Class A
  • Year Built 1988
  • Date Updated Apr 25, 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

Getting around

  • 80/100

    Walk Score ®

  • 83/100

    Bike Score ®

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Location

  • 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

  • Grocery Outlet

    0.13 miles

  • Heritage Mall

    0.16 miles

  • Safeway

    0.19 miles

  • Bi-Mart

    0.29 miles

  • Fred Meyer

    0.36 miles

  • MegaMart

    0.43 miles

  • WinCo Foods

    1.11 miles

  • Kohl's

    1.18 miles

  • Walmart Supercenter

    1.55 miles

  • New Grocery Store with Ace Hardware

    1.92 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Christopher Twist