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31154339
31154341

296 S Pacific Hwy, Talent, OR 97540 For Sale

SK
Oregon 200602153
Merit Commercial Real Estate
CH
OR 201234073
Merit Commercial Real Estate
Listed by Merit Commercial Real Estate
$1,380,000
122 days on market
Updated 20 days ago

296 S Pacific Hwy

Details
APN 10927407
Property Type Office
Sub Type Medical Office
Square Footage 2,620
Units 1
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $527
Class B
Year Built 2023
Buildings 1
Stories 1
Acreage 0.150
Zoning HCBD

High Visibility STNL Medical Clinic in Talent, OR

Marketing description

Merit Commercial Real Estate is pleased to exclusively present the 296 S Pacific Hwy, a highly visible, single tenant net lease ("STNL") medical office building located in Talent, Oregon (the "Property").

The Property is situated on one 0.81 acre parcel with shared access off of South Pacific Highway ("Hwy 99"), a major thoroughfare in the Southern Oregon region. Originally built in 2023 specifically for the current occupant, the Property is fully leased to OnePeak Medical, a healthcare provider based in Oregon that has experienced significant growth since its inception, with over 20 operating locations currently; their continued growth and significant financial backing demonstrates the growing popularity of its unique healthcare model.

The ±2,620 SF wood-frame building appears to be in excellent condition, with many modern features. The layout, while originally designed specifically for OnePeak, remains highly flexible for other kinds of healthcare or professional users, if ever needed. The floorplan consists of an efficient medical office layout with eight designated consult/exam rooms, two private offices, dedicated manager's office, two private restrooms, and much more (see page 8 for additional details).

The medical office was built in 2023 and includes many modern features. Signage is located along the eastern side of the building and has frontage along the highway. Access is easy with on shared left/right driveway off of South Pacific Hwy and an ample shared parking lot is located on the west side of the building. Conveniently located in Talent, the Property offers excellent access being two minutes from Interstate 5, making it an ideal midpoint between Ashland and Medford.

The opportunity at 296 S Pacific Highway is clear for prospective buyers. This is a well-maintained, prominently positioned asset with extremely strong day-one contractual rental income from a well-capitalized and growing tenant. Buyer is responsible for any and all due diligence.

Contact the listing brokers today for additional information.

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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