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Fully Leased Office Investment 1463 E McAndrews Rd 7,943 SF Office Building Medford, OR 97504 $1,700,000 ($214.02/SF) 6.72% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Leased Office Investment!
- High Quality Buildout!
- Dedicated Employee & Customer Parking Included!
- 7,943 Gross Square Feet!
- High Visibility Location!
- Property in Excellent Condition!
EXECUTIVE SUMMARY
Fully Leased Office Investment Available for Sale in Medford, OR! Freestanding Building in High Visibility Location with High Quality Buildout. 7,943 Gross Square Feet Consisting of 5,963 Rentable Square Feet on Main Floor and 1,980 Square Foot Mezzanine on 2nd Floor. Includes Dedicated Employee and Customer Parking, Numerous Private Offices, Open Area, Conference Room, and Fully Built Out Kitchens and Employee Break Areas Throughout! Property is Fully Leased to Advanced Care Life Services Through 3/31/2028, with extension options included. Contact Broker for Lease Details.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,943 SF
Building Class
B
Year Built/Renovated
1994/2006
Price
$1,700,000
Price Per SF
$214.02
Cap Rate
6.72%
NOI
$114,240
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,963 SF
Building FAR
1.30
Lot Size
0.14 AC
Zoning
C - Commercial
AMENITIES
- Signage
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Advanced Care Life Services
- Health Care and Social Assistance
- -
- -
- Triple Net
- Apr 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Advanced Care Life Services | Health Care and Social Assistance | - | - | Triple Net | Apr 2028 |
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Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 10807162 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,341,090 |
PROPERTY TAXES
Parcel Number
10807162
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,341,090
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Presented by
Keenan & Partners
Fully Leased Office Investment | 1463 E McAndrews Rd
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