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    1890 NW 6Th St Grants Pass, OR 97526

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    For Sale
    $2,948,000

    New construction medical office with long-term lease in Grants Pass.

    Property size:
    3,238 SF
    Lot size:
    0.49 Acres

    Property Features for 1890 NW 6Th St

    General Information

    Size
    3,238 SF
    Lot size
    0.49 Acres

    Source: Northmarq | Lake Oswego Agent Matt Lipson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Medical Office For Sale

    This is a newly constructed property completed in 2023. It is located in a densely populated and affluent submarket. The property is under a long-term NNN lease with over 12 years remaining on the lease term. The lease includes contractual 2.00% rent increases. The location is considered a main and main location in one of the top 10 fastest-growing cities in Oregon. The property is 3,238 square feet. The property benefits from minimal competition and fulfills a critical need in the area. Recent developments indicate a dense market environment. The lease is backed by a corporate guaranty. The property is suitable for medical offices, office spaces, NNN properties, and specialty purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    BestMed Urgent Care Urgent Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Valley Animal Hospital, Valley Animal Hospital: Fosrberg Margaret DVM, Krause Andrea DVM, Zech Manheart Jean DVM, Dr. Glenn Bowman

    Location Insight

    • Map
    • Local Demand
    City
    Grants Pass
    County
    Josephine
    State
    Oregon
    Longitude
    -123.323461
    Latitude
    42.460825

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    FAQs

    What type of property is this?
    Medical office - New construction medical office with long-term lease in Grants Pass.
    Where is this medical office located?
    The property is located at 1890 NW 6Th St Grants Pass, OR.
    What is the asking price?
    The asking price for this property is $2,948,000.
    What are key features of this property?
    This property features: - Long-Term, NNN Lease - Enjoy over 12 years of lease term remaining.; - Brand New 2023 Construction; - Corporate Guaranty
    (503) 952-0700
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    1890 NW 6Th St Grants Pass, OR 97526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1890 NW 6Th St Grants Pass, OR 97526
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