Westside Medical Center

For Sale:

GREAT INVESTMENT OPPORTUNITY WITH REDUCED SALES PRICE!  Westside Medical Center is a 15,349 SF building on 1.38 acres on Bend' s Westside. The reduced price of $4,413,000 reflects a 6.75% CAP rate. The building has 60% occupancy with Dr. Ron Wigle, Cunnington Dental, Cascade Medical Imaging and Dr. Scott Olson as secure and strong tenants.  Guaranteed rent and cams on vacant space for 12 months from close. Additional purchase incentive "credits at closing" include: leasing commission, TI allowance, guaranteed rent and CAMS. Closing must occur on or after 5/1/08.

Westside Medical Center is located at 1693 SW Chandler Ave., one block from the busy roundabout where Century Drive and Colorado Ave meet. Traffic counts nearby exceed 8,000 north & south bound cars. Century Drive leads to Mt. Bachelor and the Cascade Lakes, well traveled year-round. Colorado Avenue connects to the Bend Parkway, Downtown Bend and the Old Mill District.

Property Type: Medical/Office Building
Sale Price: $4,413,000
CAP Rate: 6.75%
Building SQ FT: 15,349 SF
Lot Size: 1.38
Zoning: CL - Commercial Limited
Available: Jun 1, 2008

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Contact:

Amy Cawrse |  email me  | 541-312-6887

Patrick Oliver |  email me  | 541-312-6888