For Sale
$445,000
200 4Th StGrants Pass, OR 97526
Multi-tenant retail, high NOI, strong cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 119
Highlights
- $445,000 asking price for a value-add retail property in Grants Pass, Oregon.
- 2,400 square feet of net rentable space in a multi-tenant building with two tenants.
- 100% occupancy with a current NOI of $22,584 and a 5.08% cap rate.
- Gross lease with a remaining term of 1.4 years, lease commencement date of April 1, 2023, and lease expiration date of March 31, 2026.
- Located on a 0.35-acre lot in the Commercial Business District, zoned for commercial use.
- The property includes two buildings totaling 2,475 square feet, built in 1696, with rent bumps included in the lease.
Property Details for 200 4Th St
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,475 SF
- Class
- B
- Year Built
- 1696
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 15,246 SF
- Units
- 2
Location Insight
- City
- Grants Pass
- County
- Josephine
- State
- Oregon
- Latitude
- 42.441040705469
- Longitude
- -123.32883098988
200 4Th St, Grants Pass, Oregon
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Multi-tenant retail, high NOI, strong cap rate.
- Where is the retail property located?
- The property is located at 200 4Th St Grants Pass, OR.
- What is the asking price?
- The asking price for this property is $445,000.
- What are key features of this property?
- This property features: $445,000 asking price for a value-add retail property in Grants Pass, Oregon.; 2,400 square feet of net rentable space in a multi-tenant building with two tenants.; 100% occupancy with a current NOI of $22,584 and a 5.08% cap rate.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website