5100 River Rd N - Medical FOR SALE


Salem, OR 97303
$1,876,295 USD
503-370-2581
5100 River Rd N, Salem, OR for Sale
$1,876,295 USD
Medical - FOR SALE
1/2
null | 6.5% Cap Rate

5100 River Rd N
Salem, OR 97303


HIGHLIGHTS

  • 100% leased investment
  • 4,091 SF on 0.46 ac

OVERVIEW

With a 6.5% cap rate, this leased medical investment is leased by Salem Health through December 31, 2030 with lease renewal options. Built in 1996, the property has been well maintained with continual improvement by Landlord and Tenant. DO NOT DISTURB Tenant or patients. Strategically located on River Rd N, this medical facility is central to the Keizer Business District and offers convenient access from Interstate 5, nearby public transit and sits among local and national retailers.

FOR SALE DETAILS

PRICE

$1,876,295 USD

PRICE/SF

$473 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,037 SF

ZONING

MU

APN/PARCEL ID

545561

ASK ABOUT THIS PROPERTY

Terry HancockHancock Real EstateMore Info
503-370-2581

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

Terry HancockHancock Real EstateMore Info
503-370-2581

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