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5100 River Rd N 4,091 SF Office Building Salem, OR 97303 $2,619,158 CAD ($640.22 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% leased investment
- 4,091 SF on 0.46 ac
EXECUTIVE SUMMARY
With a 6.5% cap rate, this leased medical investment is leased by Salem Health through December 31, 2030 with lease renewal options. Built in 1996, the property has been well
maintained with continual improvement by Landlord and Tenant. DO NOT DISTURB Tenant or patients.
Strategically located on River Rd N, this medical facility is central to the Keizer Business District and offers convenient access from Interstate 5, nearby public transit and sits among local and national retailers.
maintained with continual improvement by Landlord and Tenant. DO NOT DISTURB Tenant or patients.
Strategically located on River Rd N, this medical facility is central to the Keizer Business District and offers convenient access from Interstate 5, nearby public transit and sits among local and national retailers.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,091 SF
Building Class
C
Year Built
1996
Price
$2,619,158 CAD
Price Per SF
$640.22 CAD
Cap Rate
6.50%
NOI
$170,245 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,091 SF
Building FAR
0.20
Lot Size
0.46 AC
Zoning
MU - Mixed Use
Parking
15 Spaces (3.67 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
1 1
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 545561 | Improvements Assessment | $554,948 CAD |
| Land Assessment | $314,082 CAD | Total Assessment | $869,030 CAD |
PROPERTY TAXES
Parcel Number
545561
Land Assessment
$314,082 CAD
Improvements Assessment
$554,948 CAD
Total Assessment
$869,030 CAD
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5100 River Rd N
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