1025 2nd St NW - Medical FOR SALE


Salem, OR 97304
$5,500,000 USD
503-200-2031
1025 2nd St NW, Salem, OR for Sale
$5,500,000 USD
Medical - FOR SALE
1/11
null | 6.2% Cap Rate

1025 2nd St NW
Salem, OR 97304


HIGHLIGHTS

  • 2019 Construction
  • Build to Suit Construction for NWRA Tenancy
  • Top of the Line Medical Office Facility serving the Greater Salem Market

OVERVIEW

THE GARSKE GROUP OF MARCUS & MILLICHAP HAS BEEN EXCLUSIVELY CHOSEN TO MARKET THE RE_BUILDING BY NWRA, situated in West Salem, Oregon, is a state-of-the-art facility dedicated to sports rehabilitation and performance training. Covering 10,800 square feet on a 0.65-acre lot, the center is designed specifically for athletes and features advanced technology to aid in recovery and performance enhancement. Among its notable amenities are two professional-grade underwater treadmills, which are utilized by major sports teams and Division 1 collegiate programs for rehabilitation and training purposes. The facility also includes a vacant space intended for a high-end sports nutrition business, enhancing its focus on comprehensive athlete care. The RE_Building benefits from its prime location, which ensures strong foot traffic and easy access to surrounding retail, medical, and industrial businesses. With established tenants occupying three of its four suites, the property presents a low-maintenance investment opportunity as tenants manage all utilities. The incorporation of solar power through photovoltaic panels further emphasizes the center’s commitment to sustainability while providing a conducive environment for athletes of all ages to recover from injuries and improve their performance through tailored treatment plans and cutting-edge training methodologies.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Re_Building by NWRA

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

ESMU

APN/PARCEL ID

258911

ASK ABOUT THIS PROPERTY

Eric GarskeMarcus & MillichapMore Info
503-200-2031

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Eric GarskeMarcus & MillichapMore Info
503-200-2031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.