This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2205 Ashland St
1,450 SF Medical Condo Unit Offered at $675,000 in Ashland, OR 97520
Investment Highlights
- high traffic exposure
- ideal for 1031
- easy management
Executive Summary
Beautifully finished medical office commercial condo with an exceptional medical tenant. Newly remodeled in 2021. Full NNN lease. 4 years remaining on initial term.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
1 Unit Available
Unit 102
| Unit Size | 1,450 SF | Cap Rate | 8.10% |
| Price | $675,000 | NOI | $54,675 |
| Price Per SF | $465.52 | Sale Conditions | 1031 Exchange |
| Condo Use | Medical | APN/Parcel ID | 10990928 |
| Sale Type | Investment |
| Unit Size | 1,450 SF |
| Price | $675,000 |
| Price Per SF | $465.52 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 8.10% |
| NOI | $54,675 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 10990928 |
Description
Merit Commercial Real Estate is pleased to exclusively present for sale a fully leased STNL medical clinic in beautiful Ashland, Oregon. 2250 Ashland Street, occupied under a long-term lease by OnePeak Medical, is a rare public offering of a thoroughly built-out, cash-flowing medical net lease investment property at an attractive return.
Sited on a high-traffic main road in south Ashland, the property enjoys direct access from Ashland Street with 11,444+ VPD, as well as access to Clay Street and McCall Drive. The immaculate condo located within a newer-vintage and very well-maintained building is highlighted by a large two-sided monument sign facing Ashland Street.
This Ashland location is one of the top-producing facilities within OnePeak's system and has consistently remained busy. The layout of the property allows for high customer traffic with plenty of parking, while also remaining flexible for future modifications or uses. Inside, there is a patient waiting area, numerous exam rooms, private offices, break room, restrooms, and storage. Essentially every surface has been remodeled to perfectly serve a medical clinic.
OnePeak Medical, a healthcare provider based in Oregon, was founded in 2015, and has experienced significant growth since its inception, showing over 35 providers and 14 clinic locations in the end of 2023. OnePeak aims to redefine primary care by integrating traditional approaches with complementary and functional medicine, offering services such as prevention-focused primary care, hormone testing and balancing, nutrient therapy, and on-site lab testing. OnePeak emphasizes a holistic approach in developing personalized treatment plans; their continued growth and significant financial backing demonstrates the growing popularity of its unique healthcare model.
Sale Notes
NNN investment property. Stable tenant. HOA responsible for exterior maintenance.
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Signage
- Monument Signage
- Air Conditioning
Nearby Major Retailers
zoning
| Zoning Code | C-1 (commercial) |
| C-1 (commercial) |
NNN Tenant Information
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| One Peak Medical |
1,450 SF
|
May 2028
|
-
Scott King -
Merit Commercial Real Estate LLC
Presented by
2205 Ashland St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.