1813 Harvard Ave Roseburg, OR 97471
Sponsored
Property size:
93,977 SF- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 1813 Harvard Ave
General Information
- Property type
- Medical offices
- Square Feet
- 93,977 SF
- Lot Size
- 205,168 SF
Building Details
- Year Built/Renovated
- 1965/2007
HighLights
- Value‑Add Opportunity: 75% occupied, with seven new leases signed in 2024 and ongoing lease negotiations.
- Prime I‑5 Freeway Location: Situated on Harvard Ave, two miles from CHI Mercy Medical Hospital.
- High Tenant Retention: 40% of the gross leasable area (GLA) has been occupied for over 10 years, with an additional 7% for over 5 years.
- Strong Market Fundamentals: 5% medical office vacancy rate, with no new medical office construction in the past year.
- High Cash‑on‑Cash Return: 9.36% cash‑on‑cash return.
- Growing Market: Roseburg's population increased 9.27% between 2014 and 2024, reaching an estimated 24,260 residents in 2024.
Property Profile
Location Intelligence
Current Use by Public Records
Hometown Drugs & Giftshop
Pharmacy
Jason Wilks, DPM
Podiatrist
Jed R. Norman, ...
Dentist
Oregon Oral & Implant ...
Dentist
Dcipa
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Roseburg
- County
- Douglas
- State
- Oregon
- Longitude
- -123.37077056758
- Latitude
- 43.213713864194
Nearby Similar for Sale
FAQs
Where is this medical office located?
The property is located at 1813 Harvard Ave Roseburg, OR.
What is the asking price?
The asking price for this property is $13,900,000.
What are key features of this property?
This property features: Value-Add Opportunity: 75% occupied, with seven new leases signed in 2024 and ongoing lease negotiations.; Prime I-5 Freeway Location: Situated on Harvard Ave, two miles from CHI Mercy Medical Hospital.; High Tenant Retention: 40% of the gross leasable area (GLA) has been occupied for over 10 years, with an additional 7% for over 5 years.
