1025 2nd St NW - Medical FOR SALE


Salem, OR 97304- West Salem
$4,423,228 USD
541-480-2526
1025 2nd St NW, Salem, OR for Sale
$4,423,228 USD
Medical - FOR SALE
1/45
null | 7% Cap Rate

1025 2nd St NW
Salem, OR 97304
West Salem


HIGHLIGHTS

  • 7.0% CAP RATE ACTUAL INCOME with 5% for vacancy
  • 100% FULLY LEASED INVESTMENT OFFERING
  • THREE (3) TENANT Clinical Medical Facility
  • FULLY SPRINKELED WITH DRY & WET SUPPRESSION SYSTEM
  • Dedicated onsite parking

OVERVIEW

100% LEASED 9,702+/- SF Multi-Tenant Facility Premier Medical & Sports Performance Center Primary Tenant's lease runs through 9/30/2032. Building is fully equipped and purpose-built to support a full spectrum of medical and athletic recovery services. Property is zoned Commercial Office (CO). 0.65+/-/AC (28,314+/-SF) Commercial Office (CO) land within Salem's Opportunity Zone. Building is equipped with force plates, two (2) underwater treadmills, indoor track with firehouse-sized garage door extending this track a full 70 meters in to the outdoors.

FOR SALE DETAILS

PRICE

$4,423,228 USD

PRICE/SF

$410 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

"THE RE BUILDING" 7.0% CAP RATE-100% LEASED

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

CO-(Commercial Office)

APN/PARCEL ID

258911

ASK ABOUT THIS PROPERTY

Brian FratzkeFratzke Commercial Real Estate Advisors, Inc.More Info
541-480-2526

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Brian FratzkeFratzke Commercial Real Estate Advisors, Inc.More Info
541-480-2526

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.