201 SW L StreetGrants Pass, OR97526
$1,525,000
1 total units
4828 sq. ft
0.40 acres
Zoning: GC
1479 days on market
VestorFilter™
Price per ft²$315.87/ft²
Price per acre$3.81M/ac
Time on market1479 days
Property Description
Investment property in the heart of Grants Pass, Oregon. Great 1031 property. The tenant, DaVita Dialysis, has just over 4 years remaining on their lease, along with an additional two (2) five (5) year options. The lease structure features annual 3% escalations during the base term and options. NNN lease provides passive income investment, also providing an internet-resistant tenant and an essential service. DaVita is a Fortune 500 health care provider. The company is the largest provider of kidney care services in the U.S.
Financial Data
Date Sold2021-03-19
Sold Price$1,450,000
Original Price$1,525,000
Current Price$1,525,000
Property Taxes$6,008
Find On Map
Home Facts
StatusClosed
Year Built1994
MLS ID103012555
