1701 Nw Hawthorne Ave, Grants Pass

$10,818,894

0 Beds
0 Baths
34,446 Sqft
2.62 Acres
0 Garages

- 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.

Essential Information
MLS® #18624138
Price$10,818,894
Square Footage34,446
Acres2.62
Year Built2011
TypeCommercial
Sub-TypeCommercial
StyleMedical/Dental, Office
StatusActive
Community Information
Address1701 Nw Hawthorne Ave
AreaJosephine Co: NW Grants Pass
CityGrants Pass
CountyJosephine
StateOR
Zip Code97526
Amenities
Parking Spaces133
ParkingOn Site
ViewCity, Park
Interior
AppliancesSprinkler
HeatingFOR-95+
# of Stories2
Exterior
Lot Description1-2.99AC
ConstructionMetal Frame
Additional Information
Date ListedMay 4th, 2018
Days on Market196
ZoningIP Med
Listing Details
OfficeComplete R. E. Services, Inc.
Property History
Price Reduced from $11,250,000 to $10,818,894

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Listing information last updated on November 16th, 2018 at 3:54am PST.

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