Listed by Capacity Commercial Group
$10,300,000
Tuality Healthcare Medical Building
Details
APN R2001841
Property Type Office
Sub Type Medical Office
Square Footage 23,654
Cap Rate 6.25%
NOI $643,706
Tenancy Single
Lease Type NNN
Lease Expiration 02/28/2035
Rent Bumps Yes
Lease Options Tenant has two 5-year options to renew at Fair Market Rent. Tenant has a 2032 termination option with penalty.
Price per SqFt $435
Class A
Year Built 2007
Buildings 1
Acreage 2.140
Zoning Industrial Park (I-P)
Parking Spaces 85 spaces
Parking Per SqFt 3.59
Investment Type Net Lease
Lease Commencement 02/01/2007
FOR SALE | Prime Hillsboro Medical Investment Opportunity
Marketing description
Single Tenant NNN Lease
Sale Price: $10,300,000 ($435/SF)
CAP Rate: 6.25%
NOI: $643,706
Annual Rent Increases: 3%
Lot Size: 2.14 AC
Building Size: 23,654 SF (Rentable)
Parking Spaces: 85 surface
Investment highlights
- Institutional-quality tenant with 20+ year operating history in building
- Freshly executed 10-year NNN lease structure minimizes ownership responsibilities
- Brand New Electric HVAC systems being installed throughout entire building, plus over $1M in Tenant Improvements being made, eliminating major expenditures on these items for new ownership for years to come.
- Prime Hillsboro medical district location with sustained and growing healthcare demand
- Benefits from Washington County's continued population and economic growth
- Opportunity for stable, long-term cash flow in a proven medical market
Listing Contacts
Listed by Capacity Commercial Group
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$643,706.00
$53,642.17/mo
Valuation Metrics
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DSCR
6.25%
Cap Rate
6.25%
ROI
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Zoning
I-P IndustrialIndustrial Park
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View all 97 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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