1200 NE 48th Ave

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1200 NE 48th Ave

Hillsboro, OR 97124
Asking Price
$10.30M
Cap Rate
6.25%
Asset Type
Medical Office Office
Class
Class B

What's Special

FOR SALE | Prime Hillsboro Medical Investment Opportunity <ul><li>​Institutional-quality tenant with 20+ year operating history in building</li><li>​Freshly executed 10-year NNN lease structure minimizes ownership responsibilities</li><li>​Brand New Electric HVAC systems being installed throughout entire building, plus over $1M in Tenant Improvements being made, eliminating major expenditures on these items for new ownership for years to come.</li><li>​Prime Hillsboro medical district location with sustained and growing healthcare demand</li><li>​Benef

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NOI
$80,000
Cap Rate
0.78%
DSCR
0.13
Underwater
Cash-on-Cash
-17.20%
Monthly Payment
$50,958.78
Annual Cash Flow
$-531,505.361

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