- 100% Leased to eight established tenants, including eye care, ENT, gynecology, general and breast surgery, infusion therapy, and lab diagnostics.
- Rare Class A medical building in Central Oregon
- Prime location in a dense medical corridor
- Excellent monthly cash flow with NNN tenants
- Strong demographics with median home price of $775,000
- Near St. Charles Medical Center with 292 beds
- Extra land offers value-add opportunity
- Growing area with 42% population increase since 2010
The Pinnacle Medical Office Building, located in the heart of Bend, Oregon’s medical community, is ideally situated to offer patient care to over 200,000 Central Oregon residents. The property is professionally managed and in excellent condition. The two-story building features a grand open lobby, two elevators, patio with mountain views, and clerestory windows creating a very bright and inviting atmosphere. With a low supply of similar properties on the market, the Pinnacle MOB is an excellent investment opportunity! Seller will put a deed restriction on the property limiting the maximum additional square footage of building subject to negotiation. Pinnacle Medical Office Building
Location
Bend’s Northeast Side
Property Type
Investment Opportunity
Zone
Residential medium Density (RM) with Medical Overlay
Cap Rate
4.50%
Excess land
46,609 SF
Year Built
2007
Property Highlights