Active

1325 NE 7th Street

Grants Pass OR, 97526

$1,675,000


$418.96 per sqft

Active

3,998 sqft

Other

Built in 2020

Courtesy of Merit Commercial RE, LLC, Caspian C Hoehne

Merit Commercial Real Estate is pleased to exclusively present a single tenant net lease medical clinic in beautiful Grants Pass, Oregon. Located at 1325 NE 7th Street and under a longer-term lease by OnePeak Medical, this property offers a rare investment opportunity at an extremely attractive 7.78% return (full year 2024 income, NNN lease). Positioned on a high-traffic corner with over 13,715 VPD, the site has direct and easy access to NE 7th. Effectively fully rebuilt in 2022, the building underwent a to-the-studs remodel and a recent large addition. The interior is built-out with a large waiting area, multiple exam rooms, private offices, two labs, IV room, bathrooms, and more. The build-out, while perfect for the existing clinic, remains flexible for future users, if ever needed. Other highlights include a brand-new parking lot and an oversized, lighted monument sign fronting NE 7th. One of OnePeak's top-producing clinics - contact listing brokers for more information!

220189846

MLS ID

November 22, 2024

Updated

Map

1325 NE 7th Street
Grants Pass OR, 97526

Interior Features

Total Stories

1


Floor Description

Carpet, Laminate, Vinyl


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.37 Acres


Roof

Composition


Sewer

Public Sewer

School Information

School District

Square Feet

Other Property Details

Taxes

$11,337


Tax Frequency

Annually


Days on Market

67


Garage

No


Parking

Asphalt, Parking Lot


Parking Total

25


View

No


County

Josephine


Municipality

1


Water Source

Public


Pool

No


Zoning

GC

Green Building Features

Green Features

None

 

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Data last updated 10:03 PM UTC, 11/22/2024

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