Style: Commercial
Sq Ft: 29011
Year Built: 1979
$8,500,000
2699 N 17TH ST, Coos Bay, OR 97420, US
Remarks
HUGE PRICE REDUCTION!!! $1,800,000 price adjustment on this multi-tenant net leased investment!!! Medical Campus is occupied by an established orthopedic surgery and physical therapy center and ENT, with a new 5 year lease base term generating high returns and passive income. The subject property comprises 4 buildings totaling 29,011 SQFT and is positioned on a 2.01 acre lot adjacent to similar facilities in the medical district. Sale also includes 30X40 shop for maintenance and storage. NNN long term leases generating $606,651 Annual net income 7.1% Cap Rate at full price. Owners are selling real estate and retaining the businesses. Seeking quality landlord to collect $50,000 per month for the next 5 years with zero day to day responsibilities. Tenants pay all utilities, interior maintenance, property taxes, and insurance.Details
MLS#: 22528870Price: $8,500,000
Style: Commercial
Sq Ft: 29011
Year Built: 1979
County: Coos
Tax Fee: 58832.5800000000017
Resources
Broker Contact
Pacific Properties
"Striding for Excellence in Real Estate Services"
810 S Broadway
Coos Bay, OR, 97420
US
Randy Hoffine
541-269-5263
Randy@PacificPropertiesTeam.com
Website
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Regional Multiple Listing Services
Last updated: 2024-02-26T00:44:55.000-08:00.
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