Offering Summary
Introducing a prime investment opportunity in Pendleton, this well-maintained 6,356 SF converted commercial use building is 100% Leased with a solid tenant mix. Both tenants are on Modified Gross Leases. The roof was replaced in 2023 with recent updates to the interior flooring, paint, appliances, a bathroom addition and new furnaces installed. Strategically positioned on a large lot between CHI St. Athony Hospital and the Eastern Oregon Cancer Center, in C-3 zoning district, this property offers the ideal blend of location and potential. Offered at a 7.51% Cap rate. Contact Listing Broker for more information 541-379-1338 / .
Property Highlights
Prime Location in Pendleton's Medical and Office Corridor
Solid Tenant Mix
100% Leased
$82,664.06 NOI
7.51% Cap rate