81 Freeman CT new

Central Point,OR 97502

$ 875000

- Bed

0 Bath

3984 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,984 sqft

Price per Sqft $219

MLS Listing ID 220204788

Year Built 2002

Annual Tax Amount $8,234

Lot Size 0.570 Acres

Property Description

Nearly 4000 sqft standalone professional office building with 20 parking spaces on large .57 acre lot. Initially being offered for owner operator buyers OR investment property at a generous 6.5% cap rate with existing long term tenant who is ready to sign a five year lease extension. True NNN lease, tenant pays for all maintenance, insurance and taxes. Tenant has made upgrades and improvements to bathrooms and extensive HVAC upgrades. Current tenant operates as a preschool with several years at location and would like to stay. Fantastic location just off of I-5 adjacent to Mountain View Plaza, Central Point's most popular shopping center featuring restaurants, retail stores and anchored by Albertsons and Furniture Row. Whether you're looking for a new location for your existing business or your next 1031 tax exchange investment, this commercial building and property offers an exceptional opportunity.

Location

State OR

County Jackson

Interior

Heating Heat Pump

Cooling Central Air,Heat Pump

Exterior

Parking Features Other,Parking Lot

Roof Type Membrane

Building

Foundation Concrete Perimeter

Water Public

Structure Type Brick,Frame

New Construction No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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