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450 NW Greenwood Ave
Redmond, OR 97756

$1,925,000 USD

Medical For Sale • 6,833 SF

Property Details

Property Type Medical
Total Building Size 6,833 SF
Lot Size 0.5 AC
Building Class B
Year Built 2006
Tenancy Single
Zoning C2

0 Transit Score

72 Walk Score

                
                    Highlights
                
                                Single-tenant health care building in Redmond, OR
                            
                                Stable investment opportunity with desirable 6.47% cap rate
                            
                                Highly improved physical therapy clinic with indoor pool
                            
                                Central location with excellent visibility and traffic counts of 7,482 (AADT 2022) along NW 5th Street
                            
                                Close proximity to Redmond’s medical district
                            
                                Leased to Proactive Physical Therapy who has three years remaining on the lease term

Property Flyers

Marketing Flyer

Amenities

Fitness Center
Signage
Central Heating
High Ceilings
Natural Light
Open-Plan
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Roberts Field	7 min	-	2.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	26
Type:	Surface
Included in Rent:	Yes

Jay Lyons 541-383-2444 Compass Commercial Real Estate Services

450 NW Greenwood Ave Redmond, OR 97756