450 NW Greenwood Ave | Redmond, OR 97756
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This Office Property is no longer advertised on LoopNet.com.
450 NW Greenwood Ave
Redmond, OR 97756
Single-Tenant Investment Opportunity · Office Property For Sale

Investment Highlights
- 6,833 SF single-tenant health care building in Redmond, OR
- Highly improved physical therapy clinic with indoor pool
- Close proximity to Redmond’s medical district
- Stable investment opportunity with desirable 6.68% cap rate
- Central location with excellent visibility and traffic counts of 7,482 (AADT 2022) along NW 5th Street
- Leased to Proactive Physical Therapy who has three years remaining on the lease term
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
6,833 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,793 SF
Building FAR
0.31
Lot Size
0.50 AC
Zoning
C2 - Central Business District
Parking
26 Spaces (3.81 Spaces per 1,000 SF Leased)
Amenities
- Fitness Center
- Signage
- Central Heating
- High Ceilings
- Natural Light
- Open-Plan
- Air Conditioning
Links
Property Taxes
| Parcel Number | 246088 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $850,060 |
Property Taxes
Parcel Number
246088
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$850,060
Listing ID: 32985394
Date on Market: 8/28/2024
Last Updated:
Address: 450 NW Greenwood Ave, Redmond, OR 97756
The Office Property at 450 NW Greenwood Ave, Redmond, OR 97756 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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