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Listed by CURT ARTHUR • SVN COMMERCIAL ADVISORS, LLC • Direc: 503-588-0400
$12,485,000
Est. payment /mo
38,348 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 38,348 sqft
Price per Sqft $325
MLS Listing ID 831750
Year Built 2006
Annual Tax Amount $9,839
Tax Year 2024
Lot Size 1.940 Acres
Acres 1.94
Property Sub-Type Office
Property Description
The subject property is a two-story, Class A, suburban office occupied by the regional hospital group since its construction and houses the Salem Health Laboratory now. The property is in excellent condition and features robust parking and a package truck loading dock. With seven years left on this triple net lease, this asset is big enough to be attractive to regional or national healthcare funds. The last single-tenant, net-leased investment sales in the valley were: The Doctors Clinic on Skyline Rd and the Hope Orthopedic facility on State Street, both in the mid-6% capitalization rate range.
Location
State OR
County Marion
Area 20 Central Salem
Building
New Construction No
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