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