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375 SE Norton Ln
Mcminnville, OR 97128
Altimus Plaza · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
35,444 SF
Building Class
B
Year Built
2000
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
25,498 SF
Building FAR
0.07
Lot Size
11.59 AC
Zoning
C-3 PD - general commercial zoning district
Parking
100 Spaces (3.92 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

ABOUT 375 SE NORTON LN , MCMINNVILLE, OR 97128

Ample upside potential through lease-up. Altimus Plaza is a multi-tenant medical office building offered at a 6% Cap Rate, and consisting of 25,504 rentable square feet, with a price per square foot at a very reasonable $205. The property is home to a diverse set of medical-related tenants, most of which have been long-term occupants at the location. The offering's location is optimal for it's use, being directly adjacent to Willamette Valley Medical Center in McMinnville, the primary state-of-the-art hospital facility in the region.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
521536
Land Assessment
$1,192,460
Improvements Assessment
$3,226,016
Total Assessment
$4,418,476
  • Listing ID: 4464643

  • Date on Market: 9/28/2016

  • Last Updated:

  • Address: 375 SE Norton Ln, Mcminnville, OR 97128

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