1325 7th ST Active

Grants Pass,OR 97526

$ 1675000

- Bed

0 Bath

3998 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,998 sqft

Price per Sqft $418

MLS Listing ID 220189846

Year Built 2020

Annual Tax Amount $11,336

Lot Size 0.370 Acres

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!

Location

State OR

County Josephine

Interior

Heating/Cooling Forced Air,Natural Gas

Exterior

Garage Asphalt,Parking Lot

Roof Type Composition

Parking Asphalt,Parking Lot

Building

Foundation Concrete Perimeter

Water Public

Structure Type Frame

New Construction No

Construction Frame

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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