2340 S 6th St - Medical FOR SALE


Klamath Falls, OR 97601
$1,399,000 USD
541-944-9967
2340 S 6th St, Klamath Falls, OR for Sale
$1,399,000 USD
Medical - FOR SALE
1/49
null | 8% Cap Rate

2340 S 6th St
Klamath Falls, OR 97601


OVERVIEW

2340 S 6th Street - a high-quality single tenant net leased medical office building located in Klamath Falls, Oregon (the "Property"). The Property presents a rare opportunity to acquire a stable medical facility, with arguably some of the best visibility of any similar property in the region, with unobstructed line-of-sight to a 20,344+ vehicles per day on South 6th Street. The building underwent a to-the-studs remodel and large addition in 2019-2020; the interior and exterior appear to be in excellent condition and designed well. Extensive paving, landscaping, new systems, and much more has been added recently, and is all highlighted by a large two-sided lighted monument sign facing South 6th Street. Inside, there is a large patient waiting area, 9 exam rooms, multiple private and open offices, break room, two labs, IV room, multiple restrooms, and storage. Essentially every surface, both interior and exterior has been remodeled and re-imagined from the ground up in the recent years. This Klamath Falls location is a productive facility within OnePeak's system, and has consistently remained busy. The layout of the property allows for high customer traffic with plenty of parking, while also remaining flexible for future modifications or uses. OnePeak Medical, a healthcare provider based in Oregon, was founded in 2015, and has experienced significant growth since its inception, showing over 35 providers and 15 clinic locations currently. OnePeak aims to redefine primary care by integrating traditional approaches with complementary and functional medicine, offering services such as prevention-focused primary care, hormone testing and balancing, nutrient therapy, and on-site lab testing. OnePeak emphasizes a holistic approach in developing personalized treatment plans; their continued growth and significant financial backing demonstrates the growing popularity of its unique healthcare model. The opportunity is clear at 2340 S 6th Street for investors seeking strong yields to enjoy a longer-term medical office building with a growing tenant. Contact brokers today for more info.

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$432 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

GC

APN/PARCEL ID

R531053

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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