$1,675,000
1325 7th ST Grants Pass, OR 97526
41
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$1,675,000
Est. payment /mo
3,998 SqFt
Active
1325 7th ST Grants Pass, OR 97526
UPDATED:
11/19/2024 08:39 PM
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
Acres 0.37
Lot Dimensions 0.37
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
Entry Level One
Foundation Concrete Perimeter
Water Public
Structure Type Frame
New Construction No
Construction Frame
Others
Senior Community No
Tax ID R307791
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Merit Commercial RE, LLC
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