Cornelius Crossings
SEC of Baseline Street
South 1st Ave Cornelius, OR, 97113
SUMMARY
Property Purchase Date:
December 28, 2024
Project Type:
Retail Development
Fund:
BIG LEGACY FUND II
Year:
2024
Total Capitalization
$4,620,000
BIG Equity:
$1,400,000
Total Equity:
$1,400,000
Lease Term:
20 Year Ground Lease; 10 Year NN
Tenants:
British Petroleum; Starbucks
INVESTMENT STRATEGY
Pursue retail development for British Petroleum corporate gas station and Starbucks build-to-suit in retail corridor of Portland MSA. This property is located adjacent to the planned Kern Hoops facility, an indoor basketball sports complex featuring 6 courts.
RELATED PROJECTS
Causeway Distribution Center
BIG FUND I /
2021
Checkers
BIG LEGACY FUND II /
2025
Tia Logistics Center
BIG FUND I /
2020
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