81 Freeman Ct - Office FOR SALE


Central Point, OR 97502
$875,000 USD
81 Freeman Ct, Central Point, OR for Sale
$875,000 USD
Office - FOR SALE
1/37
null | 6.5% Cap Rate

81 Freeman Ct
Central Point, OR 97502


OVERVIEW

Nearly 4000 sqft standalone professional office building with 20 parking spaces on large .57 acre lot. Initially being offered for owner operator buyers OR investment property at a generous 6.5% cap rate with existing long term tenant who is ready to sign a five year lease extension. True NNN lease, tenant pays for all maintenance, insurance and taxes. Tenant has made upgrades and improvements to bathrooms and extensive HVAC upgrades. Current tenant operates as a preschool with several years at location and would like to stay. Fantastic location just off of I-5 adjacent to Mountain View Plaza, Central Point's most popular shopping center featuring restaurants, retail stores and anchored by Albertsons and Furniture Row. Whether you're looking for a new location for your existing business or your next 1031 tax exchange investment, this commercial building and property offers an exceptional opportunity.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C-4

APN/PARCEL ID

10134465

ASK ABOUT THIS PROPERTY

Jake RockwellRockwell Group | eXp Realty, LLCMore Info

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Jake RockwellRockwell Group | eXp Realty, LLCMore Info

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