5493-5499 Amy St, West Linn, OR 97068
2 Office Properties Offered at $2,500,000 in Multiple Locations
Asking Price $2,500,000
- Property Type
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Office
Listing Contacts
- Property Info
Property Overview
Northwest Extremity Specialists - WEST LINN is a state-of-the-art, multi-tenant medical office building located in West Linn, OR. The single-story building is comprised of approximately 5,784 rentable square feet and is currently 100% occupied by two (2) tenants. The NWES - West Linn property, situated at 5493 Amy St., West Linn, OR, is a multi-tenant facility owned fee simple, encompassing a property size of 5,784 RSF. Achieving full occupancy, the property operates with expense recoveries under NNN terms. The Weighted Average Lease Term (WALT) is 2.3 years, and there is a 3.00% annual escalation rate for both tenants. The blended lease rate is $26.01 per square foot, resulting in an annual rent of $150,456. Located on the outskirts of West Linn, the Property is conveniently located on Willamette Drive which serves Oregon City and is less than 2 miles from the 143-bed Providence Willamette Falls Medical Center.
Northwest Extremity Specialists - NEWBERG is a state-of-the-art, single-tenant medical office building located in Newberg, OR. The single-story building is comprised of approximately 4,000 rentable square feet and is currently 100% occupied in its entirety by Northwest Extremity Specialists. The NWES - Newberg property, located at 201 N Washington, Newberg, OR, is a single-tenant facility owned fee simple, with a property size of 4,000 RSF. The property maintains full occupancy and operates with expense recoveries under NNN terms. The remaining lease term is 8.3 years, featuring a 3.00% annual escalation rate. The rental rate is $22.56 per square foot, resulting in an annual rent of $90,228. Located in the heart of Newberg the Property is situated off East Hancock Street.
Northwest Extremity Specialists - NEWBERG is a state-of-the-art, single-tenant medical office building located in Newberg, OR. The single-story building is comprised of approximately 4,000 rentable square feet and is currently 100% occupied in its entirety by Northwest Extremity Specialists. The NWES - Newberg property, located at 201 N Washington, Newberg, OR, is a single-tenant facility owned fee simple, with a property size of 4,000 RSF. The property maintains full occupancy and operates with expense recoveries under NNN terms. The remaining lease term is 8.3 years, featuring a 3.00% annual escalation rate. The rental rate is $22.56 per square foot, resulting in an annual rent of $90,228. Located in the heart of Newberg the Property is situated off East Hancock Street.
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