Property 7904304

2.62 Acres in Josephine County

1701 NW HAWTHORNE AVE Grants Pass OR 97526  |  Josephine County, OR
  • $10,818,894
  • 2.62 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
MLS ID: RMLSOR
Irrigated: No
Residence: Yes
Property ID: 7904304
Property Website

Property Description

- Wonderful Investment opportunity for a medical building in Grants Pass. Building is located in IP zoning with medical overlay. This fully leased building was the first LEED certified building in Grants Pass. Building is leased to one tenant with a NNN lease. CAP Rate on this property will increase to 6.12% in 2021, 6.5% in 2023 and 7.1% in 2026, and assuming tenant options, a cap rate of 8% in 2030. Call for more information.

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Corner of Hawthorne Ave and Hilcrest

Contact Seller

Charles Rorive

Complete Real Estate Services, Inc.

(541) 479-3395 (work)

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Contact Seller

Charles Rorive

Complete Real Estate Services, Inc.

(541) 479-3395 (work)

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