Listed by RE/MAX Platinum Commercial
$975,000
914 W Main Street
Details
Property Type Office
Sub Type Traditional Office
Square Footage 4,390
Net Rentable (SqFt) 4,390
Units 1
Cap Rate 7.28%
NOI $71,000
Occupancy 100%
Tenancy Single
Lease Type Net
Lease Term 23.3
Lease Expiration 11/30/2029
Remaining Term 3.4
Rent Bumps Yes
Price per SqFt $222
Broker Co-Op Yes
Class A
Year Built 1969
Year Renovated 2016
Buildings 1
Stories 1
Acreage 0.590
Zoning C-C
Investment Type Stabilized
Lease Commencement 09/01/2006
Ownership Fee Simple
Office | 7.28% CAP | 4,390 SqFt
Marketing description
Excellent investment opportunity featuring a strong, long-term tenant with over 20 years of occupancy. This well-maintained office building is situated on a prominent large corner lot in Medford and offers 4,390 square feet of single-level, ADA-compliant space. The layout includes multiple private offices, spacious conference and meeting rooms, a break room, and multiple ADA-accessible restrooms. The property also benefits from a secure, gated parking area with ample space and full security lighting throughout. Offered at a 7.25% capitalization rate, this asset provides a stable income stream and an attractive return on investment.
Listing Contacts
Listed by RE/MAX Platinum Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,000.00
$5,916.67/mo
Valuation Metrics
0
DSCR
7.28%
Cap Rate
7.28%
ROI
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