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296 S Pacific Hwy 2,620 SF Office Building Talent, OR 97540 $1,380,000 ($526.72/SF)
Executive Summary
Merit Commercial Real Estate is pleased to exclusively present the 296 S Pacific Hwy, a highly visible, single tenant net lease ("STNL") medical office building located in Talent, Oregon (the "Property").
The Property is situated on one 0.81 acre parcel with shared access off of South Pacific Highway ("Hwy 99"), a major thoroughfare in the Southern Oregon region.
Originally built in 2023 specifically for the current occupant, the Property is fully leased to OnePeak Medical, a healthcare provider based in Oregon that has experienced significant growth since its inception, with over 20 operating locations currently; their continued growth and significant financial backing demonstrates the growing popularity of its unique healthcare model.
The ±2,620 SF wood-frame building appears to be in excellent condition, with many modern features. The layout, while originally designed specifically for OnePeak, remains highly flexible for other kinds of healthcare or professional users, if ever needed. The floorplan consists of an efficient medical office layout with eight designated consult/exam rooms, two private offices, dedicated manager's office, two private restrooms, and much more (see page 8 for additional details).
The medical office was built in 2023 and includes many modern features. Signage is located along the eastern side of the building and has frontage along the highway. Access is easy with on shared left/right driveway off of South Pacific Hwy and an ample shared parking lot is located on the west side of the building.
Conveniently located in Talent, the Property offers excellent access being two minutes from Interstate 5, making it an ideal midpoint between Ashland and Medford.
The opportunity at 296 S Pacific Highway is clear for prospective buyers. This is a well-maintained, prominently positioned asset with extremely strong day-one contractual rental income from a well-capitalized and growing tenant.
Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.
The Property is situated on one 0.81 acre parcel with shared access off of South Pacific Highway ("Hwy 99"), a major thoroughfare in the Southern Oregon region.
Originally built in 2023 specifically for the current occupant, the Property is fully leased to OnePeak Medical, a healthcare provider based in Oregon that has experienced significant growth since its inception, with over 20 operating locations currently; their continued growth and significant financial backing demonstrates the growing popularity of its unique healthcare model.
The ±2,620 SF wood-frame building appears to be in excellent condition, with many modern features. The layout, while originally designed specifically for OnePeak, remains highly flexible for other kinds of healthcare or professional users, if ever needed. The floorplan consists of an efficient medical office layout with eight designated consult/exam rooms, two private offices, dedicated manager's office, two private restrooms, and much more (see page 8 for additional details).
The medical office was built in 2023 and includes many modern features. Signage is located along the eastern side of the building and has frontage along the highway. Access is easy with on shared left/right driveway off of South Pacific Hwy and an ample shared parking lot is located on the west side of the building.
Conveniently located in Talent, the Property offers excellent access being two minutes from Interstate 5, making it an ideal midpoint between Ashland and Medford.
The opportunity at 296 S Pacific Highway is clear for prospective buyers. This is a well-maintained, prominently positioned asset with extremely strong day-one contractual rental income from a well-capitalized and growing tenant.
Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,620 SF
Building Class
C
Year Built
2023
Price
$1,380,000
Price Per SF
$526.72
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,620 SF
Building FAR
0.40
Lot Size
0.15 AC
Zoning
HCBD - Highway Central Business District
Parking
5 Spaces (1.91 Spaces per 1,000 SF Leased)
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 10927407 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $439,620 |
Property Taxes
Parcel Number
10927407
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$439,620
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296 S Pacific Hwy
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