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INVESTMENT HIGHLIGHTS
Value-Add Investment – The Property is currently 74% occupied with approximately 4,500 SF of below-market rent leases coming due in the near future, providing an investor the opportunity to increase cashflow.
Location – Located directly off the I-5 freeway on Harvard Ave. The Property is just two miles south of the region’s major hospital system, CHI Mercy Medical Hospital.
Historical Occupancy – 40% of the GLA has occupied the premises for over 10 years (7% for over 5 years).
Low Competition – Located in a market with a low 5% medical office vacancy rate and no new medical office space under construction or delivered in the last 12 months.
Cashflow - The Property offers strong year one return of 7.85%, with a stabilized return of 10.80% and more than 20% leveraged IRR.
Roseburg – Roseburg’s 2024 population is estimated to be 24,260 which is 9.27% higher than 2014.
