Net Leased Medical Investment

1000 SE Uglow Ave, Dallas, OR

$3,227,258

Price

8,395 sqft

Building Size

1.26 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
8,395 sqft
Lot Area
1.26 acres
Occupancy
100%
Class
B
Year Built
1981
Floors
1
Description

With a 6% cap rate, this net leased investment property is occupied by a single medical tenant with a recently executed five year lease term. As a family medicine clinic and laboratory center, the facility serves patients Monday-Friday and is closed on the weekends. Recent improvements to the property include HVAC unit replacement and repair. Please do not disturb the tenants.

Situated in the heart of Dallas, Oregon, this medical facility serves the Western Willamette Valley and surrounding communities. The property is across the street from West Valley Hospital and surrounded by other medical facilities.

Highlights
  • 8,395 SF on 1.26 ac
  • Zoned Commercial Neighborhood
  • Built in 1981
  • Cap rate: 7%
  • NOI: $225,908
  • Sale price: $3,227,258
Documents
Location
Gallery