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199 W Highway 20
Toledo, OR 97391

Samaritan Toledo Clinic · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
3,990 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,990 SF
Building FAR
0.18
Lot Size
0.52 AC
Zoning
C
Parking
21 Spaces (5.26 Spaces per 1,000 SF Leased)

ABOUT 199 W HIGHWAY 20 , TOLEDO, OR 97391

THE OFFERING provides the opportunity to acquire a single tenant medical office 100% occupied by Samaritan Health Services, a successful non-profit regional health network serving the central Oregon coast and mid-Willamette Valley, comprised of 80 clinics and 5 hospitals. Samaritan Toledo Clinic has 9+ years remaining with rental upside via annual scheduled rent bumps effective 07/01/2022. The Property is situated across three parcels, all with frontage on a main arterial, and provides tax exemption status due to medical use. The nearest medical center is 7+ miles west, providing limited competition in the trade area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R285925
  • R283632
  • R267112
Land Assessment
$155,090
Improvements Assessment
$660,800
Total Assessment
$815,890
  • Listing ID: 13369156

  • Date on Market: 8/2/2018

  • Last Updated:

  • Address: 199 W Highway 20, Toledo, OR 97391

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