2699 N 17TH St Coos Bay, OR 97420
2699 N 17TH St, Coos Bay, OR 97420 - 0 Beds, 0 Bath
2699 N 17TH St, Coos Bay, OR 97420 - 0 Beds, 0 Bath
2699 N 17TH St, Coos Bay, OR 97420 - 0 Beds, 0 Bath
Snapshot
Description
HUGE PRICE REDUCTION!!! $1,800,000 price adjustment on this multi-tenant net leased investment!!! Medical Campus is occupied by an established orthopedic surgery and physical therapy center and ENT, with a new 5 year lease base term generating high returns and passive income. The subject property comprises 4 buildings totaling 29,011 SQFT and is positioned on a 2.01 acre lot adjacent to similar facilities in the medical district. Sale also includes 30X40 shop for maintenance and storage. NNN long term leases generating $606,651 Annual net income 7.1% Cap Rate at full price. Owners are selling real estate and retaining the businesses. Seeking quality landlord to collect $50,000 per month for the next 5 years with zero day to day responsibilities. Tenants pay all utilities, interior maintenance, property taxes, and insurance.
More Details
History
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Price Changed | $8,500,000 -17.48% | $293 | Pacific Properties | |
| Listed For Sale | $10,300,000 | $355 | Pacific Properties |
