Keizer Village Shopping Center | Keizer, OR 3830-3860 River Rd N

Investment Highlights

National/Regional tenants include Little Caesar?s Pizza, Metro by T-Mobile, Subway, and US Market Long-Term Tenants; Historical High Occupancy: Tenants representing 54% of the income have been in the center for at least 10 years Assumable Financing; 9.86% Cash-on-Cash Return | Highly Dense Population; 192,000 People with $79,000 AHHI within 5-Miles 100% Internet-Resistant Tenants | 30% NOI Growth Over 10 Years; 2.65% CAGR | Favorable Increases; Hedge Against Inflation Ideal L-Shaped Shopping Center with 6 Points of Ingress/Egress, and Signage along Cherry Avenue and River Road | Below Replacement Cost; $174 PSF Salem MSA; Oregon State Capital

Executive Summary

Assumable Loan; 9.86% Cash on Cash Return | 100% Internet Resistant Tenants | Below Replacement Cost; $174 PSF | Long-Term Tenants; Historical High Occupancy | Hedge Against Inflation; Strong NOI Growth | 192,000 People; $79,000 AHHI

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Retail
• Building Size    76,785
• Building Class    C
• Year Built/Renovated    1962/2004
• Price    13,370,000
• Price Per SF    174
• Cap Rate    7.50
• NOI    1,002,750
• Percent Leased    95
• Tenancy    Multiple
• Building Height    1 Story
• Loading Docks    2 Exterior
• Building FAR    0.34
• Land Acres    5.18 AC

• Bus Line
• Pylon Sign
• Signage
• Signalized Intersection