4900 River RdKeizer, OR 97303

This exceptional investment opportunity presents Keizer Plaza, a thriving retail center situated on 1.25 acres at 4900 River Rd N, Keizer, OR 97303. Boasting a total of 16,870 square feet, this property features two single-story buildings, completely renovated in 2007. Currently operating at 100% occupancy with thirteen tenants, the diverse tenant mix includes retail stores, food establishments, and service providers, ensuring consistent revenue streams. The property benefits from a highly visible location on Keizer's main thoroughfare, River Road, and enjoys excellent accessibility for customers. The strong performance is reflected in a Net Operating Income (NOI) of $272,292, yielding a 7.17% cap rate. The asking price is $3,800,000, and the property is zoned CR. Rent bumps are in place, making this a stable and appreciating asset. Financial documents are available upon execution of a Non-Disclosure Agreement. This is a Net Lease investment opportunity, ideal for 1031 exchange. The property's Assessed Parcel Number (APN) is 5249856. This fully leased retail center offers a compelling investment prospect with significant upside potential.