35
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$875,000
Est. payment /mo
3,984 SqFt
Pending
81 Freeman CT Central Point, OR 97502
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $219
MLS Listing ID 220204788
Year Built 2002
Annual Tax Amount $8,234
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions 0.57
Property Description
Nearly 4000 sqft standalone professional office building with 20 parking spaces on large .57 acre lot. Offered as an investment property at a generous 6.5% cap rate with existing long term tenant who is ready to sign a five year lease extension. True NNN lease, tenant pays for all maintenance, insurance and taxes. Tenant has made upgrades and improvements to bathrooms and extensive HVAC upgrades. Current tenant operates as a preschool with several years at location and would like to stay. Fantastic location just off of I-5 adjacent to Mountain View Plaza, Central Point's most popular shopping center featuring restaurants, retail stores and anchored by Albertsons and Furniture Row. Whether you're looking for a new location for your existing business or your next 1031 tax exchange investment, this commercial building and property offers an exceptional opportunity.
Location
State OR
County Jackson
Rooms
Basement None
Interior
Heating Heat Pump
Cooling Central Air, Heat Pump
Exterior
Parking Features Other, Parking Lot
Roof Type Membrane
Building
Foundation Concrete Perimeter
Water Public
Level or Stories One
Structure Type Brick,Frame
New Construction No
Others
Senior Community No
Tax ID 10132000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by eXp Realty, LLC
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