2.6 Acres 34,446 Sq Ft

Description of 1701 NW HAWTHORNE AVE, Grants Pass, OR 97526

- 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.

Property Features of 1701 NW HAWTHORNE AVE, Grants Pass, OR 97526

TYPE
Commercial
Year Built
2011
Community
Josephine Co: NW Grants Pass
Stories
2
Features
Forced air heat
Parking spaces: 133
Lot acreage is: 2.62
Lot has city view
Lot has park view
Present use: Office,Medical/Dental
Road surface: Paved
Public water
Gas Type: 1
Frame type: 1
Total square feet: 34446
Courtesy of: Complete R. E. Services, Inc.

Homes for Sale Nearby 1701 NW HAWTHORNE AVE, Grants Pass, OR 97526

Recent Sales Nearby 1701 NW HAWTHORNE AVE, Grants Pass, OR 97526



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