2699 N 17th St, Coos Bay, OR 97420
sale
$8,500,000
|
Commercial
Courtesy Of Pacific Properties
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.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Cooling System: Heat Pumps
- Heating System: Heat Pump
- Legal Description: 25-13-22CA TL 03500, TL 03800, TL 03600, TL 03700
- MLSID: 22528870
- Roof Type: Composition Shingle
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