37139 Us-26 Hwy - Medical FOR SALE


Sandy, OR 97055
$1,750,000 USD
503-428-4525
37139 Us-26 Hwy, Sandy, OR for Sale
$1,750,000 USD
Medical - FOR SALE
1/3
null | 9.18% Cap Rate

37139 Us-26 Hwy
Sandy, OR 97055


OVERVIEW

Constructed in 2013 for Fresenius Medical Care, the building is 4,696 SF and is located on Hwy 26 with daily traffic counts of 32K+. Fresenius is no longer operating at this location, but is contractually obligated to pay rent and NNNs through February of 2028. The lease is guaranteed by Fresenius Corporate (not a SPE or LLC), a S&P Investment Grade rating company (BBB-). Total rent to be paid Dec 2025-Feb 2028 is $364K.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$373 USD /SF

CAP RATE

9.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-2

APN/PARCEL ID

05012499

ASK ABOUT THIS PROPERTY

Lance SasserKidder MathewsMore Info
503-428-4525

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Lance SasserKidder MathewsMore Info
503-428-4525

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