List Search

5493-5499 Amy St
West Linn, OR 97068

$1,457,000 USD

Medical For Sale  •  5,784 SF

Property Details

  • Property Type Medical
  • Total Building Size 5,784 SF
  • Lot Size 0.32 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning GC
48 Transit Score
67 Walk Score

Highlights

Significant upside with $18/SF/NNN effective in-place rents - Sub-market rents of $28+/SF.
Substantially below replacement cost at $250/SF in a high barrier to entry sub-market.
Average household incomes of $195,301 with minimal medical/dental competition within the trade area.
3.0% annual rental increases for both tenants.
Located 1 minute from Interstate 205 interchange with daily traffic counts of 130K+.
Positioned 3 blocks from West Linn High School, consistently a top rated public high school in Oregon.

Property Flyers

Cap Rate: 6.50 %

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Oregon City Amtrak (Amtrak Cascades - Amtrak) 4 min - 1.8 mi
AirportDriveWalkDistance
Portland International 28 min - 18.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Lance Sasser 503-428-4525 Kidder Mathews
Lance Sasser 503-428-4525 Kidder Mathews