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    201 SW L Street

    Grants Pass, OR 97526
    • $1,525,000
    • STATUS: Active
    • ON SITE: 179 days
    • MLS #: 103012555
    UPDATED: 78 min ago
    $1,525,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,828
      SQFT
    • $316
      $/SQFT
    Type:
    Commercial
    Built:
    1994
    County:
    Area:

    School Ratings & Info


    Listing courtesy of Merit Commercial Re, Llc.

    Description

    Investment property in the heart of Grants Pass, Oregon. Great 1031 property. The tenant, DaVita Dialysis, has just over 4 years remaining on their lease, along with an additional two (2) five (5) year options. The lease structure features annual 3% escalations during the base term and options. NNN lease provides passive income investment, also providing an internet-resistant tenant and an essential service. DaVita is a Fortune 500 health care provider. The company is the largest provider of kidney care services in the U.S.

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    © 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Premiere Property Group, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Premiere Property Group, LLC. Data last updated: .2020-10-24T12:44:39.173
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    201 SW L Street Grants Pass, OR 97526

    • Price: $1,525,000
    • Status: Active
    • Updated: 78 min ago
    • MLS #: 103012555
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    4,828
    SQFT
    $316
    $/SQFT
    1994
    Built
    County:
    Josephine
    Area:
    Grants Pass
    Property Description
    Investment property in the heart of Grants Pass, Oregon. Great 1031 property. The tenant, DaVita Dialysis, has just over 4 years remaining on their lease, along with an additional two (2) five (5) year options. The lease structure features annual 3% escalations during the base term and options. NNN lease provides passive income investment, also providing an internet-resistant tenant and an essential service. DaVita is a Fortune 500 health care provider. The company is the largest provider of kidney care services in the U.S.
    Exterior Features

    Construction Materials Frame Foundation Details Concrete Perimeter Levels One Parking Details Numberof Parking Spaces 16 Parking Details Parking Yes Parking Features AsphaltDriveway Roof Composition

    Interior Features

    Additional Features Ada Comply Cooling Central Air Flooring CarpetLaminateTileVinyl Heating Forced AirNatural Gas

    Property Features

    Additional Parcels YN No Business Type Professional/Office CCAnd Rs YN No Cross Street Sw 5th Exclusions Tenant Equipment FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate Basi Current Incomeand Expenses Annual Amounts Cap Rate Perc 7.00 Listing Terms CashConventional New Construction YN No Power Production Public Utilities Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 6008.00 Tax Year 2019 Zoning Gc

    Listing information © 2020 MLS of Central Oregon
    Listing provided courtesy of Merit Commercial Re, Llc.

    © 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Premiere Property Group, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Premiere Property Group, LLC. Data last updated: .2020-10-24T12:44:39.173
     
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    Premiere Property Group, LLC
    1133 NW Wall St. Suite 104
    Bend OR, 97701

    Listing courtesy of Merit Commercial Re, Llc.