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Medical Leased Investment

$2,350,000

512 East Main Street, Monmouth, OR 97361

Active
Last Updated: 01/14/2024

6,710 sqft

Building Size

0.48 acres

Lot Area

Details:
Building Size:    6,710 sqft
Lot Area:    0.48 acres
Occupancy:    100%
Class:    A
Highlights:
  • 6,710 SF on 0.48 acres
  • Zoned Main Street District
  • Cap rate: 7.5%
  • Sale price: $2,350,000
Description:

With a 7.5% cap rate, this leased medical investment is occupied by two tenants with extended lease renewal options. Built in 2007, the property has been well maintained with continual improvements by Landlord and Tenants. Please do not disturb the tenants or patients. To obtain further financial documentation, contact team@hancockre.com

Situated along Main St in Monmouth, Oregon, this medical facility serves the Western Willamette Valley and surrounding communities. The property is centrally located in Monmouth along Highway 99W and the Monmouth-Independence Highway.

Map:
Documents:
Title
Sale_Brochure.pdf
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Location
Gallery