1600 E. Pine Street, Central Point

Leased commercial tract. Tenant is Pilot Corporation. Property is fully developed under an unsubordinated ground lease. 2016 Net Rent $230,918.84. Adjusted every 2 years by CPI (all items) for all urban consumers in Portland Oregon, not to exceed 6% for any 2 year period. Leased to December 14, 2021 with 2-5 year options to renew.  Brokers are part owners of the subject property.

Price
$4,803,008 
Lot Size
8.97 acres 
Zoning
C–4 
Map & Tax Lot #
37––2W–02D, TL#s: 2301, 2401, 2901 
Property Taxes
$80,239.03 (2016–17) 
MLS #
2975947 
Agent
Frank Pulver (frankpulver@pulverandleever.com)
Licensed Real Estate Broker in the State of Oregon