Purpose-Built Medical Office
1879 Williams Highway Grants Pass, OR 97527
For Sale
$3,400,000
Asante-leased medical facility with flexible exam and office layout and convenient shared parking off Williams Hwy.
Property Size10,000 SF
Price / SF$340
Days on Market353
Property Features for 1879 Williams Highway
General Information
Standard status
Active
Size
10,000 SF
Property subtype
General Commercial
Building Details
Year Built
2007
Listing Agency:
Merit Commercial RE, LLC
(541) 944-9967
Listed By:
Caspian Hoehne
(541) 944-9967
Source:
Xome
Added: Aug 11, 2025
Changed: Jul 23
Last Checked: Jul 29 at 4:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Merit Commercial RE, LLC
Investment Insights
Based on property information with market context.
Exclusively presented for sale, 1879 Williams Hwy is an Asante-leased, purpose-built medical office building constructed in 2007. The facility includes a grand PNW-style entrance and an interior layout designed for flexibility, featuring an airy reception and waiting area, numerous triage and conventional exam rooms, and a mix of private and open office areas.
The property is well-located off Williams Hwy (17k+ VPD), with access via an immaculate shared parking lot. It also benefits from adjacency to a coffee/cafe drive-thru and offers landscaped common areas and walkways.
The recent operational pivot from an oncology clinic to a primary care clinic further reflects the building’s adaptable configuration for medical uses.
The property is well-located off Williams Hwy (17k+ VPD), with access via an immaculate shared parking lot. It also benefits from adjacency to a coffee/cafe drive-thru and offers landscaped common areas and walkways.
The recent operational pivot from an oncology clinic to a primary care clinic further reflects the building’s adaptable configuration for medical uses.
Key Highlights
- Asante‑leased STNL MOB medical facility offering a flexible reception, waiting, triage, and exam room layout plus office space
- 10,000 SF purpose‑built medical facility constructed in 2007 with central air and vinyl and carpet flooring
- Composition roof and on‑site parking with asphalt lot; immaculate shared parking available
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $222.0k | $22.20 |
| − Vacancy | −$23.3k | −$2.33 |
| EGI | $198.7k | $19.87 |
| − OpEx | −$79.5k | −$7.95 |
| NOI | $119.2k | $11.92 |
10,000 SF · lease $22.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.70M
$1.49M – $1.99M
NOI $119,214 @ 7.0% cap · market cap 3.51%
Second Best
Office B
$1.63M
$1.43M – $1.90M
NOI $114,030 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$2.27M
$1.98M – $2.65M
NOI $158,717 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Asante-leased medical facility with flexible exam and office layout and convenient shared parking off Williams Hwy.
Where is this medical center located?
The property is located at 1879 Williams Highway Grants Pass, OR.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Asante‑leased STNL MOB medical facility offering a flexible reception, waiting, triage, and exam room layout plus office space; 10,000 SF purpose‑built medical facility constructed in 2007 with central air and vinyl and carpet flooring; Composition roof and on‑site parking with asphalt lot; immaculate shared parking available
