1879 Williams Highway, Grants Pass, OR 97526

$1,600,000

Property Type: Commercial Sale Lot Size (sq. ft.): 60,984 Status: Closed

Current Price: $1,600,000 List Date: 4/06/2015 Last Modified: 11/01/2024

Overview

Description

Buyer to purchase the property As-Is! Fantastic net lease investment opportunity with a national healthcare organization as the primary tenant. The main building is approx. 10,000sqft, built in 2007, with a brand new 5-year Triple Net lease. The secondary building is an approx. 260sqft drive-thru restaurant building also with 5-year Triple Net lease. Priced at just over an 8.5% CAP Rate. Call listing Broker for additional details. Must sign a CA for specifics on tenants and lease information.

Listing Details MLS# 102954785

General Property Information

# of Units Total: 2
Year Built: 2007
Zoning: GC
Tax Annual Amount: 13222.61
Tax Year: 2013
CC&R's YN: Yes
Sign On Property YN: Yes

Property Features

Additional Features: ADA Comply; Office Space Construction Materials: Frame Cooling: Central Air Heating: Forced Air Levels: One Roof: Metal Business Type (AKA Sub Type): Retail Flood: N/A Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Real Estate Owned

Location Tax and Legal

Street Number: 1879
Street Name: Williams
Street Suffix: Highway
County: Josephine
State: OR
Postal Code: 97526

Contract Information

Original List Price: 1650000
Listing Contract Date: 2015-04-06

Remarks and Miscellaneous

Public Remarks: Buyer to purchase the property As-Is! Fantastic net lease investment opportunity with a national healthcare organization as the primary tenant. The main building is approx. 10,000sqft, built in 2007, with a brand new 5-year Triple Net lease. The secondary building is an approx. 260sqft drive-thru restaurant building also with 5-year Triple Net lease. Priced at just over an 8.5% CAP Rate. Call listing Broker for additional details. Must sign a CA for specifics on tenants and lease information.
Directions: From Redwood Hwy head South on Williams Hwy. Property on left hand side.

Status Change Information

Close Date: 2015-10-30
Under Contract Date: 2015-05-08
Status Change Timestamp: 2015-11-06
Close Price: 1600000

More Information

Miscellaneous Information

UGB: Inside

Location, Tax, and Legal

Cross Street: Grandview Ave.
Parcel Number: R342287
Lot Size Acres: 1.4
Lot Size Square Feet: 60984

Additional Features

ADA Comply: Yes
Office Space: Yes

Business Type (AKA Sub Type)

Retail: Yes

Cooling

Central Air: Yes

Construction Materials

Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Flood

N/A: Yes

Heating

Forced Air: Yes

Levels

One: Yes

Roof

Metal: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Special Listing Conditions

Real Estate Owned: Yes

Listing Office: Pulver and Leever Real Estate

Last Updated: November - 01 - 2024

Information deemed reliable but not guaranteed.