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541-326-4683
Henselman Realty & Managment
81 Freeman Court, Central Point, OR 97502
- $856,500
- Sold Price
- $856,500
- List Price
- $875,000
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.
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Listing courtesy of eXp Realty, LLC. Selling Office: .
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