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$ 1,399,000
Est. payment | /mo
3,240 SqFt
$ 1,399,000
Est. payment | /mo
3,240 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $431
MLS Listing ID 220204162
Annual Tax Amount $6,608
Lot Size 0.530 Acres
Acres 0.53
Lot Dimensions 0.53
Property Description
We're pleased to exclusively present for sale a high-quality single-tenant net leased medical office building on a high-traffic street in beautiful Klamath Falls, Oregon (the ''Property'')! The Property presents a rare opportunity to acquire a stable medical clinic, under great visibility and under a longer-term lease by OnePeak Medical - priced at a true 8.00% cap rate (forward 12 months, NNN). The Property underwent a to-the-studs remodel and a large addition in 2019-20, and appears in excellent shape today. Inside, the clinic space is ideally laid out for the long-term user, with 9 exam rooms, multiple offices, lab space, waiting areas, and much more. This location is a consistently performing clinic within the tenant's growing service areas. The build-out, while perfect for the existing clinic, remains flexible for future users, if ever needed. Other highlights include a new parking lot, landscaping, and large monument sign fronting S 6th St - contact brokers today for more info!
Location
State OR
County Klamath
Rooms
Basement None
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Parking Features Asphalt, Parking Lot
Roof Type Composition
Building
Entry Level One
Foundation Concrete Perimeter
Water Public
Structure Type Block,Frame
New Construction No
Others
Senior Community No
Tax ID 531053
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Merit Commercial RE, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "