Description
The subject property is a two-story, Class A, suburban office occupied by the regional hospital group since its construction and houses the Salem Health Laboratory now. The property is in excellent condition and features robust parking and a package truck loading dock. With seven years left on this triple net lease, this asset is big enough to be attractive to regional or national healthcare funds. The last single-tenant, net-leased investment sales in the valley were: The Doctors Clinic on Skyline Rd and the Hope Orthopedic facility on State Street, both in the mid-6% capitalization rate range.
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0BEDS
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1.94ACRES
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0BATHS
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01/2 BATHS
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38,348SQFT
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$326$/SQFT
School Ratings & Info
Description
The subject property is a two-story, Class A, suburban office occupied by the regional hospital group since its construction and houses the Salem Health Laboratory now. The property is in excellent condition and features robust parking and a package truck loading dock. With seven years left on this triple net lease, this asset is big enough to be attractive to regional or national healthcare funds. The last single-tenant, net-leased investment sales in the valley were: The Doctors Clinic on Skyline Rd and the Hope Orthopedic facility on State Street, both in the mid-6% capitalization rate range.
© 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-11-13T15:08:47.557.