Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2020
Sq.Footage
N/A
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!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Asphalt, Parking Lot
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.37
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,675,000
-
Tax Amount
11336.74
-
Zoning
GC
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Josephine
Elementary School
Middle School
High School
Listing Courtesy of Caspian C Hoehne , Merit Commercial RE, LLC
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