Retail Space - For Sale
598 1st Avenue Culver, OR 97734
Details & Description
Price: $2,297,000
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 1.310
  • Building Sq Ft 9,100
  • Building Price per Sq Ft $252.42
  • Land Sq Ft 57,063
  • Land Price per Sq Ft $40.25
The original 15-year lease (13 years remaining) features a Corporate Guaranty and includes three 5-year options, with rental increases at the start of each option period. This newer construction build-to-suit asset features zero landlord maintenance or expense obligations. The subject property is located on 1st Avenue, the main thoroughfare of Culver, with residential housing surrounding the property to the west and schools and businesses to east.Dollar General generated $33.7 billion in sales in FY2020 and $2.7 billion in net income. Dollar General currently operates over 17,000 stores in 46 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors.
Listing Agents
Bryan Webb
Capital Pacific
O: 415-274-2717
bwebb@capitalpacific.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

598 1st Avenue

Culver, OR 97734

Listing ID: 259230
$2,297,000
For Sale
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 1.310
  • Building Sq Ft 9,100
  • Building Price per Sq Ft $252.42
  • Land Sq Ft 57,063
  • Land Price per Sq Ft $40.25
  • 598 1st Avenue Culver, OR 97734 | for Sale | Photo 1
  • 598 1st Avenue Culver, OR 97734 | for Sale | Photo 2
  • 598 1st Avenue Culver, OR 97734 | for Sale | Photo 3
598 1st Avenue | for Sale | Thumbnail 1
598 1st Avenue | for Sale | Thumbnail 2
598 1st Avenue | for Sale | Thumbnail 3
Description

The original 15-year lease (13 years remaining) features a Corporate Guaranty and includes three 5-year options, with rental increases at the start of each option period. This newer construction build-to-suit asset features zero landlord maintenance or expense obligations. The subject property is located on 1st Avenue, the main thoroughfare of Culver, with residential housing surrounding the property to the west and schools and businesses to east.

Dollar General generated $33.7 billion in sales in FY2020 and $2.7 billion in net income. Dollar General currently operates over 17,000 stores in 46 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors.

Attachments & Files

Listing Demographics for 598 1st Avenue Culver, OR 97734

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population2061,2513,089
Population Median Age343639
Population by Age0-9 Yrs32 (15%)186 (14%)459 (14%)
10-19 Yrs40 (19%)231 (18%)455 (14%)
20-29 Yrs28 (13%)163 (13%)357 (11%)
30-39 Yrs19 (9%)113 (9%)266 (8%)
40-49 Yrs26 (12%)163 (13%)363 (11%)
50-59 Yrs29 (14%)179 (14%)432 (13%)
60-69 Yrs13 (6%)95 (7%)403 (13%)
70+ Yrs18 (8%)121 (9%)353 (11%)
Median HH Income$51,341$53,478$55,425
Total Household Income< 24K7 (11%)50 (12%)169 (16%)
25-49K23 (36%)132 (33%)293 (27%)
50-74K12 (19%)87 (22%)251 (23%)
75-99K9 (14%)55 (13%)133 (12%)
100-199K10 (15%)63 (15%)184 (17%)
200K+2 (3%)9 (2%)18 (1%)
Highest Education LevelNo Diploma1588270
Diploma or GED38246669
Some College35215547
Assoc. Degree961173
Bachelors Degree1168166
Higher Degree853131
Total Housing Units704591,256
--Owner-Occupied43281808
--Renter-Occupied19114241
Owner-Occupied Values< 100K534135
100-199K18108275
200-299K1068208
300-399K21476
400-499K21848
500K+63866
Total Working Age Population1509242,348
In Work Force955631,351
Not In Work Force55362997
Workforce Employed905341,280
Workforce Unemployed52971
Civlian Workforce955631,351
Military Workforce000
Total Households633951,048
Family Households46288769
Non-Family Households16107280
Married Couple36224610
Other Family1065159
Married w/Child1590193
Single Male w/Child21326
Single Female w/Child31631

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Oregon3,421,399+123,831,074+114,264,810+114,727,438
Crook County19,182+920,978+1223,528+1326,565
Jefferson County19,009+1421,720+1124,139+926,375

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
Portland International Airport (PDX) 100
Seattle Tacoma International Airport (SEA) 209
Boeing Field King County International Airport (BFI) 214
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