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5262 Crater Lake Ave, Central Point, OR, 97502

Classic Collision
$1,656,000

Key Information

Cap Rate
7%
$ per SF
$212
Tot. SF
8,000
Lot Size
1.36 Acres
Term Remaining
±5.75 YRS
Type
Industrial

Highlights

  • Long-Term Lease with Established National Operator: Single-tenant property leased to Classic Collision through July 31, 2031, providing durable cash flow and near-term income certainty.
  • Attractive Built-In Rent Growth: Lease features 2% annual rent increases, delivering consistent income growth and a hedge against inflation.
  • Fair Market Rent Upside at Option Periods: Lease includes fair market rent adjustments at the commencement of each renewal option, offering meaningful long-term NOI upside.
  • Highly Ranked Location with Strong Demographics: Property location ranks in the 84th percentile nationally and is the #1 ranked location in the state of Oregon, according to Alpha Maps.
  • Functional, Modern Automotive Facility: ±8,000 SF building (with additional 2,000 SF of Breeze-way) situated on a ±1.36-acre parcel, originally constructed in 1997, offering efficient site coverage and operational flexibility.
  • Strong Real Estate Fundamentals: Large land-to-building ratio provides long-term residual value and potential adaptability for future automotive or service-oriented users.
  • Strategic Rogue Valley Location: Central Point location benefits from proximity to Medford and regional transportation corridors, serving as a hub for Southern Oregon commerce and population growth.
  • Passive Investment Profile: Long-term lease structure and predictable rent increases make the asset well-suited for 1031 exchange buyers and passive investors seeking stable returns.
  • Limited Competition and High Barriers to Entry: High site ranking and limited availability of comparable automotive facilities support long-term tenant retention and value preservation.

Photos

Location

Agents

Broker of Record

Tim Campbell

License # 790100087 (OR)
Matthews Real Estate Investment Services, Inc
701 High Street, #300, Eugene, OR 97401