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2166 NW Vine St 22,000 SF Office Building Grants Pass, OR 97526 For Sale
Executive Summary
2166 NW Vine Street - an extremely high-quality, Class-A flex medical office building located in beautiful Grants Pass, Oregon (the "Property")!
The Property presents an extremely rare opportunity to acquire a trophy medical facility, with arguably the highest visibility of any similar property in the region, with unobstructed line-of-sight to a combined 41,000+ vehicles per day on Interstate 5 and Vine Street.
Following a nearly $4MM renovation in 2019, the Property was operated briefly as a PACE facility (Program of All-Inclusive Care for the Elderly); however, the facility opened in March of 2020, and was negatively affected by the timing of opening. While not a required use, the facility lends itself excellently to a new operator of the PACE program, and was built to meet and exceed the rigorous facility standards of that program (buyer to complete all due diligence).
The interior layout features approximately 17,329 square feet ("SF") on the main floor, and 4,671 SF on the lower, daylight basement. Both floors are abundant in features and spaces, and includes: ±2,566 SF great room/cafeteria, industrial kitchen w/ buffet bar, 1,224 SF divisible conference room, 1,500+ SF physical therapy room, 2,000+ SF of corporate office space, fully-built out clinic space w/ reception, pharmacy-quality storage, abundant locker rooms (both employee and guest), hair salon space, break room, medical storage, IT closet, professional-quality elevator, as well as 22 enclosed exam rooms/offices/quiet rooms, and much more.
The infrastructure is pristine and capable, and includes a large generator, industrial HVAC, and abundant new electrical and plumbing upgrades throughout. The exterior is in immaculate condition, with attractive landscaping, upgraded siding, new roof, and much more. A covered, brand-new bus drop-off is located on the bottom floor, and opens directly to easy elevator access for guests. Parking is convenient, with 105 parking spaces and numerous street parking spaces towards the front and side of the Property.
The Property is directly adjacent to the campus of Club NW, a large and highly-rated health club, making the Top 100 Health Club in US rankings for 5+ years.
There is abundant permanent signage space on the exterior of the building, as well as an oversize, grand-fathered digital billboard. Seller will retain partial use of the billboard, and permanent easement access to a majority of the parking lot.
The opportunity is clear at 2166 NW Vine Street; a perfect fit for numerous medical or similar users! Contact brokers today for more info.
The Property presents an extremely rare opportunity to acquire a trophy medical facility, with arguably the highest visibility of any similar property in the region, with unobstructed line-of-sight to a combined 41,000+ vehicles per day on Interstate 5 and Vine Street.
Following a nearly $4MM renovation in 2019, the Property was operated briefly as a PACE facility (Program of All-Inclusive Care for the Elderly); however, the facility opened in March of 2020, and was negatively affected by the timing of opening. While not a required use, the facility lends itself excellently to a new operator of the PACE program, and was built to meet and exceed the rigorous facility standards of that program (buyer to complete all due diligence).
The interior layout features approximately 17,329 square feet ("SF") on the main floor, and 4,671 SF on the lower, daylight basement. Both floors are abundant in features and spaces, and includes: ±2,566 SF great room/cafeteria, industrial kitchen w/ buffet bar, 1,224 SF divisible conference room, 1,500+ SF physical therapy room, 2,000+ SF of corporate office space, fully-built out clinic space w/ reception, pharmacy-quality storage, abundant locker rooms (both employee and guest), hair salon space, break room, medical storage, IT closet, professional-quality elevator, as well as 22 enclosed exam rooms/offices/quiet rooms, and much more.
The infrastructure is pristine and capable, and includes a large generator, industrial HVAC, and abundant new electrical and plumbing upgrades throughout. The exterior is in immaculate condition, with attractive landscaping, upgraded siding, new roof, and much more. A covered, brand-new bus drop-off is located on the bottom floor, and opens directly to easy elevator access for guests. Parking is convenient, with 105 parking spaces and numerous street parking spaces towards the front and side of the Property.
The Property is directly adjacent to the campus of Club NW, a large and highly-rated health club, making the Top 100 Health Club in US rankings for 5+ years.
There is abundant permanent signage space on the exterior of the building, as well as an oversize, grand-fathered digital billboard. Seller will retain partial use of the billboard, and permanent easement access to a majority of the parking lot.
The opportunity is clear at 2166 NW Vine Street; a perfect fit for numerous medical or similar users! Contact brokers today for more info.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
22,000 SF
Building Class
B
Year Built
1984
Tenancy
Single
Building Height
1 Story
Typical Floor Size
22,000 SF
Building FAR
0.24
Lot Size
2.09 AC
Zoning
BP - Business Park
Parking
105 Spaces (4.77 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Security System
- Signage
- Skylights
- Wheelchair Accessible
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Jones, JC Realty Northridge
- Real Estate
- -
- -
- -
- -
- Little Brown Acorn, Inc.
- -
- -
- -
- Triple Net
- -
- Northridge Homes
- Construction
- -
- -
- -
- -
- Senior & Disability Service Office
- Public Administration
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Jones, JC Realty Northridge | Real Estate | - | - | - | - | |
| Little Brown Acorn, Inc. | - | - | - | Triple Net | - | |
| Northridge Homes | Construction | - | - | - | - | |
| Senior & Disability Service Office | Public Administration | - | - | - | - |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | R335408 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,370,880 |
Property Taxes
Parcel Number
R335408
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,370,880
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