Medical Leased Investment

512 East Main Street, Monmouth, OR

$2,350,000

Price

6,710 sqft

Building Size

0.48 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
6,710 sqft
Lot Area
0.48 acres
Occupancy
100%
Class
A
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.

Highlights
  • 6,710 SF on 0.48 acres
  • Zoned Main Street District
  • Cap rate: 7.5%
  • Sale price: $2,350,000
Documents
Location
Gallery