Log In/Sign Up
Your email has been sent.
5100 River Rd N 4,091 SF Office Building Salem, OR 97303 $1,876,295 ($458.64/SF) 6.50% Cap Rate
Investment Highlights
- 100% leased investment
- 4,091 SF on 0.46 ac
Executive Summary
With a 6.5% cap rate, this leased medical investment is leased by Salem Health through December 31, 2030 with lease renewal options. Built in 1996, the property has been well
maintained with continual improvement by Landlord and Tenant. DO NOT DISTURB Tenant or patients.
Strategically located on River Rd N, this medical facility is central to the Keizer Business District and offers convenient access from Interstate 5, nearby public transit and sits among local and national retailers.
maintained with continual improvement by Landlord and Tenant. DO NOT DISTURB Tenant or patients.
Strategically located on River Rd N, this medical facility is central to the Keizer Business District and offers convenient access from Interstate 5, nearby public transit and sits among local and national retailers.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,091 SF
Building Class
C
Year Built
1996
Price
$1,876,295
Price Per SF
$458.64
Cap Rate
6.50%
NOI
$121,959
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,091 SF
Building FAR
0.20
Lot Size
0.46 AC
Zoning
MU - Mixed Use
Parking
15 Spaces (3.67 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 545561 | Improvements Assessment | $397,550 |
| Land Assessment | $225,000 | Total Assessment | $622,550 |
Property Taxes
Parcel Number
545561
Land Assessment
$225,000
Improvements Assessment
$397,550
Total Assessment
$622,550
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
5100 River Rd N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.