$12,485,000
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State Salem, OR 97301
Office
Residence
Beds
Baths
...
Bed/Bath
38,348
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
The subject property is a two-story, Class A, suburban office occupied by the regional hospital group since its construction and houses the Salem Health Laboratory now. The property is in excellent condition and features robust parking and a package truck loading dock. With seven years left on this... triple net lease, this asset is big enough to be attractive to regional or national healthcare funds. The last single-tenant, net-leased investment sales in the valley were: The Doctors Clinic on Skyline Rd and the Hope Orthopedic facility on State Street, both in the mid-6% capitalization rate range.
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MLS#
831750
Property Type
Office
Square Feet
38,348
sq. ft
Price per Sq. Ft.
$325.57
Lot Size
1.94
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