Description
100% Fully Leased! 6% CAP Rate* Solid Investment in one of the Pacific Northwest's most famous tourist towns, Ashland, OR. The Jasmine Building is conveniently located within the Tourist Triangle within walking distance to over 30 restaurants, 10 art galleries, (3) theater including the world-famous Oregon Shakespeare Festival. This offering has bundled (9) legal commercial condos, allowing the buyer the flexibility to sell unit individually, as well to adjust lease agreements in the future to be updated to a NNN lease model. Location is not only preferred for locals and tourist, it has the markers to lend to a highly desired business location for the tenants. This location gets an average daily traffic of 9,700 per vehicles per day. In addition to high traffic and pedestrian counts the location is directly across the street from (6) free electric car chargers and over 60 free public parking spaces. Convenance and desirability cross-sect at the Jasmine Building.
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0.23ACRES
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01/2 BATHS
School Ratings & Info
Description
100% Fully Leased! 6% CAP Rate* Solid Investment in one of the Pacific Northwest's most famous tourist towns, Ashland, OR. The Jasmine Building is conveniently located within the Tourist Triangle within walking distance to over 30 restaurants, 10 art galleries, (3) theater including the world-famous Oregon Shakespeare Festival. This offering has bundled (9) legal commercial condos, allowing the buyer the flexibility to sell unit individually, as well to adjust lease agreements in the future to be updated to a NNN lease model. Location is not only preferred for locals and tourist, it has the markers to lend to a highly desired business location for the tenants. This location gets an average daily traffic of 9,700 per vehicles per day. In addition to high traffic and pedestrian counts the location is directly across the street from (6) free electric car chargers and over 60 free public parking spaces. Convenance and desirability cross-sect at the Jasmine Building.
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