325 SE Nye Ave

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325 SE Nye Ave

pendleton, OR 97801
Asking Price
$4.50M
Asset Type
Retail
Class
Class B

What's Special

325 SE Nye Avenue is situated in the southeastern retail corridor of Pendleton, Oregon, positioned near the intersection of Highway 11 and Interstate 84. The surrounding neighborhood features a mix of established commercial developments, lodging facilities, and light industrial sites. Practical transportation access is provided by major regional thoroughfares, connecting the property to the greater Umatilla County area. Nearby amenities include national hotel chains, quick-service dining options, and local agricultural service centers, contributing to consistent vehicle traffic throughout the day. The property is suited for a variety of retail applications, including storefront retail, professional showrooms, or service-oriented businesses. Ideal tenants typically include local or regional retailers seeking functional space with proximity to transit corridors. The asset's visibility and layout support businesses that require a blend of customer-facing floor space and back-of-house storage. This location is appropriate for tenants such as specialty equipment dealers, commercial suppliers, or consumer service providers looking to establish a presence within Pendleton’s regional trade hub.

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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537

Location & Travel Times