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Bldg A 6464 SW Borland Rd 6,606 SF 100% Leased Office Building Tualatin, OR 97062 $4,250,000 ($643.35/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Surgery Center on Absolute NNN Lease (Through Nov. 2030)
- Owner-Occupier Med Office Condo Availability (3,000SF+/-)
- Annual Base Rent Increases (2.5%)
- Location adjacent to Legacy Meridian Park Hospital
- Tualatin Professional Center: Medical Office Condo Location
- Storage Condo Availability
EXECUTIVE SUMMARY
Located within the Tualatin Professional Center, the offering includes space occupied by Cascade Spine Surgery Center, an Oregon Certified Ambulatory Surgery Center that has been in place for greater than 20 years. The Prime Medical Condo opportunity is located adjacent to Legacy’s Meridian Park Hospital and amongst many top-performing medical/dental providers in the Tualatin Valley.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,606 SF
Building Class
C
Year Built
1983
Price
$4,250,000
Price Per SF
$643.35
Cap Rate
6.75%
NOI
$286,875
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,606 SF
Building FAR
0.06
Lot Size
2.70 AC
Zoning
CO
Parking
14 Spaces (2.22 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,815,075 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,815,075
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Bldg A | 6464 SW Borland Rd
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