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1325 NE 7th Street

Grants Pass, OR 97526
  • $1,675,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 220189846
UPDATED: 62 min ago
$1,675,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,998
    SQFT
  • $419
    $/SQFT
Type:
Commercial
Built:
2020
County:
Area:

School Ratings & Info

Listing provided courtesy of Merit Commercial RE, LLC :.

Description

Merit Commercial Real Estate is pleased to exclusively present a single tenant net lease medical clinic in beautiful Grants Pass, Oregon. Located at 1325 NE 7th Street and under a longer-term lease by OnePeak Medical, this property offers a rare investment opportunity at an extremely attractive 7.78% return (full year 2024 income, NNN lease). Positioned on a high-traffic corner with over 13,715 VPD, the site has direct and easy access to NE 7th. Effectively fully rebuilt in 2022, the building underwent a to-the-studs remodel and a recent large addition. The interior is built-out with a large waiting area, multiple exam rooms, private offices, two labs, IV room, bathrooms, and more. The build-out, while perfect for the existing clinic, remains flexible for future users, if ever needed. Other highlights include a brand-new parking lot and an oversized, lighted monument sign fronting NE 7th. One of OnePeak's top-producing clinics - contact listing brokers for more information!

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Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Cascade Hasson Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Cascade Hasson Sotheby's International Realty. Data last updated: .2024-12-03T14:43:57.14
www.sunstonerealtygroup.com/homes/155160446
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1325 NE 7th Street Grants Pass, OR 97526

  • Price: $1,675,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 62 min ago
  • MLS #: 220189846
0
Beds
0
Baths
0
½ Baths
0.37
Acres
3,998
SQFT
$419
$/SQFT
2020
Built
County:
Josephine
Area:
Grants Pass
Property Description
Merit Commercial Real Estate is pleased to exclusively present a single tenant net lease medical clinic in beautiful Grants Pass, Oregon. Located at 1325 NE 7th Street and under a longer-term lease by OnePeak Medical, this property offers a rare investment opportunity at an extremely attractive 7.78% return (full year 2024 income, NNN lease). Positioned on a high-traffic corner with over 13,715 VPD, the site has direct and easy access to NE 7th. Effectively fully rebuilt in 2022, the building underwent a to-the-studs remodel and a recent large addition. The interior is built-out with a large waiting area, multiple exam rooms, private offices, two labs, IV room, bathrooms, and more. The build-out, while perfect for the existing clinic, remains flexible for future users, if ever needed. Other highlights include a brand-new parking lot and an oversized, lighted monument sign fronting NE 7th. One of OnePeak's top-producing clinics - contact listing brokers for more information!
Exterior Features

Attached Garage YN No Body Type [] Construction Materials Frame Exterior Features [] Foundation Details Concrete Perimeter Lot Features [] Parking Features AsphaltParking Lot Roof Composition Window Features []

Interior Features

Basement [] Cooling Central Air Cooling YN Yes Flooring CarpetLaminateVinyl Heating Forced AirNatural Gas Heating YN Yes Interior Features [] Levels One

Property Features

Additional Parcels YN No Building Area Total 3998 CCRs YN No Common Walls No Common Walls Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 25 Other Structures [] Owner Pays [] Road Frontage Type [] Road Surface Type [] Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 11336.74 Tax Year 2023 Tenant Pays [] View [] Water Source Public Waterfront Features [] Zoning Description GC

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Merit Commercial RE, LLC :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Cascade Hasson Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Cascade Hasson Sotheby's International Realty. Data last updated: .2024-12-03T14:43:57.14
 
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Cascade Hasson Sotheby's International Realty
650 SW Bond St., Suite 100
Bend OR, 97702
Listing provided courtesy of Merit Commercial RE, LLC :.