Listed by CBRE - Portland
$2,000,000
Andaluz Waterbirth Center
Details
APN R238716
Property Type Mixed Use, Office
Sub Type Medical Office
Square Footage 4,700
Cap Rate 6.70%
NOI $141,000
Occupancy 100%
Lease Expiration 12/31/2037
Remaining Term 11.5
Price per SqFt $426
Year Built 1904
Buildings 1
Lot Size (SqFt) 8,750
Zoning RM1 - Residential Multi-Dwelling 1
Investment Type Sale/Leaseback
Medical Office Sale Leaseback
Marketing description
The Offering presents a rare opportunity to acquire a high-quality sale leaseback investment secured by a long-term, absolute NNN lease by an established tenant. This offering is ideally suited for investors seeking durable income and minimal management responsibilities of a single-tenant building.
Investment highlights
NNN Lease through 12/31/2027
Contractual Rent Increases Provide Predictable NOI Growth
Attractive Going-In Yield with Future Cap Rate Expansion
Ideal for 1031 Exchange or Passive Income Investor
Listing Contacts
Listed by CBRE - Portland
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$141,000.00
$11,750.00/mo
Valuation Metrics
0
DSCR
7.05%
Cap Rate
7.05%
ROI
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