Sold
1.34± Acres
Sold
Umatilla County, Oregon
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Cornerstone Court - Mixed use Investment

ID: 85376
Status: Sold
Acres: 1.34
Type: Commercial
Address: 1055 S Highway 395
City, State: Hermiston, Oregon
County: Umatilla
Zip Code: 97838
Lat/Long: 45.832773, -119.282825
Presented By: Ashley Kilkenny Moala
Phone: (541) 379-1338
Email: Click to Contact

Description

Leased multi-tenant investment property now available for sale. Cornerstone Court has a long-standing history of diverse, quality tenants. The property is situated on 1.34 acres with prime frontage along Hermiston's Hwy 395 commercial corridor. The building has been well maintained and is in excellent condition with recent updates to the HVAC (2023), Roof (2024) and Exterior Paint (2025). This property offers a variety of suite sizes and layouts and provides a reliable income stream with future rent escalations.

OFFERING SUMMARY:

Building Size: 16,880 SF
Lot Size: 1.34 Acres
Price/SF: $115.52
Cap Rate: 6.75%
NOI: $131,650
Year Built: 1998
Zoning: C-2 Outlying Commercial
Market: Umatilla County
APN: 1802

PROPERTY HIGHLIGHTS:

  • Excellent Location with High Visibility

  • HWY 395 Frontage with 14,000+ ADT

  • Easily Accessible with Ample Parking

  • Diverse, Quality Tenant Mix

  • Pylon Signage with Digital Reader board

Ashley Kilkenny Moala

Ashley Kilkenny Moala

Pendleton, Oregon

(541) 379-1338

Contact Us About This Property?

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