Sale-Leaseback Established Seafood Business 66234 N Bay Rd

Investment Highlights

6.75 acres of land on Haynes Inlet 1,800 sq ft shop building P&L Sheet available upon request 10,805 sq ft processing building with restaurant/deli and office Dock facility

Executive Summary

SALE-LEASEBACK OFFERING! Established seafood business is seeking a sale-leaseback of its land and buildings. Clausen Oysters has been producing high-quality oysters in the cold, clean waters of Coos Bay, on the south coast of Oregon, since 1981. The sale property is an easy one-mile drive from Highway 101 near North Bend.Five-year NNN lease is being executed with parent entity, easy to assign to buyer. Cap rate at list price is 7.0. Facilities are well-maintained and in good condition. Main building constructed in 1995. Seller may consider selling partial ownership of the property for a lesser amount; contact listing broker with your proposal.Part of the land consists of wetlands and tidal flats, which may have additional conservation value. Buyer to perform own due diligence on conservation opportunities. Seller owns additional tidal land on Haynes Inlet, available separately and not included in this listing. Contact listing broker for details. P&L Sheet available upon request

• Sale Type    Investment or Owner User
• Sale Condition    Business Value Included
• Property Type    Retail
• Property Subtype    Storefront Storefront General Retail Bar Storefront
• Building Size    6,336
• Building Class    C
• Year Built    1956
• Price    1,200,000
• Price Per SF    189
• Percent Leased    100
• Building Height    2 Stories
• Building FAR    1.82
• Land Acres    0.08 AC