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28726994
28727009

1879 Williams Hwy, Grants Pass, OR 97527 For Sale

SK
Oregon 200602153
Merit Commercial Real Estate
CH
OR 201234073
Merit Commercial Real Estate
Listed by Merit Commercial Real Estate
$3,400,000
234 days on market
Updated 7 days ago

STNL Regional Hospital Leased Medical Clinic | Grants Pass

Details
APN R4002359
Property Type Office
Sub Type Medical Office
Square Footage 10,000
Units 1
Occupancy 100%
Tenancy Single
Lease Type Net
Price per SqFt $340
Broker Co-Op Yes
Class B
Year Built 2007
Buildings 1
Stories 1
Acreage 1.080
Zoning GC
Investment Type Stabilized
Tenant Credit Credit Rated

STNL Asante Hospital-Leased Medical Clinic | High Quality | Grants Pass, Oregon

Marketing description

Merit Commercial Real Estate is pleased to exclusively present 1879 Williams Highway, a newer vintage, single tenant net leased medical investment property located in beautiful Grants Pass, Oregon (the "Property").

The Property consists of a 2007 vintage, approximately 10,000 SF purpose-built medical clinic building, enjoying easy access and strong exposure from the arterial Williams Hwy.

Visibility and access are highlights, with ±17,089 VPD on Williams Hwy, and two right/left dedicated driveways on the west and east entrances to the parking lot.

The sole tenant is Asante, the region's dominant health provider - a long-established health system producing over $1.4B/yr in revenue.

The interior layout is highly flexible, and was previously used as a hematology oncology clinic before recently pivoting slightly to a primary care clinic. This partial change of use highlights the buildings long-term flexibility.

Patients are first led through a tasteful PNW-style entrance to an expansive public reception and waiting area.

Inside, the interior flow is intuitive, with several immediately accessible triage rooms leading to numerous conventional exam rooms, offices, open working areas, labs, and other specialized rooms.

Staff enjoy the building's easy navigation and abundant storage space, as well as the well-appointed breakroom, conference room, and exterior rear patio. Additionally, staff can enjoy the immediately adjacent drive-thru or walk-up cafe offering coffe and food daily.

The Property's location in SW Grants Pass provides easy access on the main transportation corridor north to downtown and Interstate 5 access.

This particular location is part of a multi-unit medical-focused planned development, and shares access and parking with several other extremely high-quality medical and professional service buildings.

The opportunity is clear at 1879 Williams Hwy for investors seeking a high-quality income producing asset with an exceptionally strong tenant in a beautiful setting. Contact the brokers more info!

Listing Contacts

SK
Oregon 200602153
Merit Commercial Real Estate
CH
OR 201234073
Merit Commercial Real Estate
Listed by Merit Commercial Real Estate

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