1200 NE 48th Ave - Medical FOR SALE


Hillsboro, OR 97124- Orenco Station
$10,300,000 USD
503-222-2655
1200 NE 48th Ave, Hillsboro, OR for Sale
$10,300,000 USD
Medical - FOR SALE
1/8
null | 6.25% Cap Rate

1200 NE 48th Ave
Hillsboro, OR 97124
Orenco Station


HIGHLIGHTS

  • Institutional-quality tenant with 20+ year operating history in building
  • Freshly executed 10-year NNN lease structure minimizes ownership responsibilities
  • Prime Hillsboro medical district location with sustained and growing healthcare demand
  • Benefits from Washington County's continued population and economic growth
  • Opportunity for stable, long-term cash flow in a proven medical market

OVERVIEW

Prime Hillsboro Medical Investment Opportunity Single Tenant NNN Lease Sale Price: $10,300,000 ($435/SF) CAP Rate: 6.25% NOI: $643,706 Annual Rent Increases: 3% Lot Size: 2.14 AC Building Size: 23,654 SF (Rentable) Parking Spaces: 85 surface

FOR SALE DETAILS

PRICE

$10,300,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 1

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

I-P

APN/PARCEL ID

R2001841

ASK ABOUT THIS PROPERTY

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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