Your Central Oregon Realtor

4411 Brownridge Terrace

Medford , OR 97504

MLS#: 220204625

$2,390,000

Status: Active
Listing number: 220204625
Listing provided by: Merit Commercial RE, LLC
Listing agent phone: None
Last update: 5 months ago
On site: 5 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2009

Sq.Footage

N/A

Beautiful, Long term NNN leased dental building lot located in the prestigious East Medford area. PremierCare Dental Centers has leased this property since February 6, 2015 on their original 15 year lease (expires Feb. 6, 2030). With 3% Annual Escalators, and a 5% management fee (not included in the NOI) this opportunity offers a great return. The building currently has approx. 6,877 square feet finished with an additional 2,000 sf of unfinished storage area in the basement portion of the building. Currently, PremierCare utilizes approx. 200 sf. of the basement with the remaining 1,800 sf. being vacant storage. Please note that although the property historically has been single tenant, Landlord has the right to lease the 2nd floor (+- 1,500 sf), basement (+- 2,000), to another tenant with no reduction of current Base Rent. Landlord has given permission to Tenant to occupy the loft and a portion of the basement, until such time as Landlord wishes to find another tenant.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Heat Pump

  • Heating YN

    YES

  • Heating

    Heat Pump, Natural Gas, Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stone, Frame

  • Parking

    Asphalt, Gravel

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.54

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,390,000

  • Tax Amount

    6769.08

  • Zoning

    SFR-4

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    1706

  • Water Source

    Public

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Location

County

Jackson

Elementary School

Middle School

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Listing Courtesy of Christopher Chamberlain , Merit Commercial RE, LLC

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Agent ChristySymons Your - Central Oregon Realtor

Broker

ChristySymons Your - Central Oregon Realtor

Call Christy today to schedule a private showing.

(541) 610-3882

christy.symons@gmail.com


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Beautiful, Long term NNN leased dental building lot located in the prestigious East Medford area. PremierCare Dental Centers has leased this property since February 6, 2015 on their original 15 year lease (expires Feb. 6, 2030). With 3% Annual Escalators, and a 5% management fee (not included in the NOI) this opportunity offers a great return. The building currently has approx. 6,877 square feet finished with an additional 2,000 sf of unfinished storage area in the basement portion of the building. Currently, PremierCare utilizes approx. 200 sf. of the basement with the remaining 1,800 sf. being vacant storage. Please note that although the property historically has been single tenant, Landlord has the right to lease the 2nd floor (+- 1,500 sf), basement (+- 2,000), to another tenant with no reduction of current Base Rent. Landlord has given permission to Tenant to occupy the loft and a portion of the basement, until such time as Landlord wishes to find another tenant.

4411 Brownridge Terrace

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