Build-to-Suit Medical
For Sale
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632 Marine Dr, Astoria, OR 97103
Dialysis clinic with long-term corporate tenancy and dedicated patient treatment areas.
Property Size7,178 SF
Days on Market142
Property Features for 632 Marine Dr
General Information
Standard status
Active
Size
7,178 SF
Property subtype
Retail, Office
Occupancy
100%
Building Details
Year Built
2019
Tenancy
Single
Listing Agency:
Colliers - San Diego - Carlsbad, California
Listed By:
Jay Patel · License #01512624
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:47AM
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 Colliers - San Diego - Carlsbad, California
Investment Insights
Based on property information with market context.
Completed in 2019 as a build-to-suit healthcare facility, this 7,178-square-foot dialysis clinic includes 16 patient stations and a separate private station room. The property is fully leased to Fresenius under a new 15-year lease that began in October 2019, with 2% annual rent increases and a corporate guarantee from Fresenius Medical Care Holdings.
The medical center occupies a location along the Astoria Riverwalk on the Columbia River, near national retailers and downtown Astoria. Columbia Memorial Hospital is less than 1 mile away, while downtown Portland is approximately 90 minutes east. The facility replaced Fresenius’s former location, reflecting the tenant’s continued operation in the market.
The medical center occupies a location along the Astoria Riverwalk on the Columbia River, near national retailers and downtown Astoria. Columbia Memorial Hospital is less than 1 mile away, while downtown Portland is approximately 90 minutes east. The facility replaced Fresenius’s former location, reflecting the tenant’s continued operation in the market.
Key Highlights
- 7,178‑square‑foot dialysis clinic completed in 2019
- 16 patient stations plus 1 private station in a separate room
- 100% leased to Fresenius under a new 15‑year lease
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
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Business Placement
Demographics for 97103, OR
18,080
Population
8,007
Households
2.3
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
163.3 sq mi
ZIP Area
111
Density / Sq Mi
$75,080
Median Household Income
$41,222
Median Earnings
$1,156
Median Rent
$437,900
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical center - Dialysis clinic with long-term corporate tenancy and dedicated patient treatment areas.
Where is this medical center located?
The property is located at 632 Marine Dr Astoria, OR.
What are key features of this property?
This property features: 7,178‑square‑foot dialysis clinic completed in 2019; 16 patient stations plus 1 private station in a separate room; 100% leased to Fresenius under a new 15‑year lease
