704 NE Evans St

704 NE Evans St, Mcminnville, OR 97128

  • For Sale $715,000
  • Property Type Office - General Office
  • Property Size 4,230 SF
  • Lot Size 0.18 Acre
  • Building Class C
  • Year Built 1975
  • Date Updated Apr 5, 2024
Located within a few blocks from downtown McMinnville, the subject property benefits to Highway 18 and Highway 99.Well-located free-standing dental office near downtown McMinnville, OR. The building has been a long-term dental office, and the current dentist commenced their 10-year lease in March of 2018 (original practice dates back to 1981). Starting March 1, 2024, the monthly rent will increase to $3,582.15 plus NNN. The lease states the rent increases annually at a negotiable increase but in no event less than 3% and no more than 5%. The tenant can renew the lease for an additional five years (at the then-market rates) by providing at most 180 days prior written notice but at least 90 days prior written notice.

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Attachments

Highlights

  • Negotiable 3-5% annual rent increases
  • NNN lease structure
  • Free-standing dental office with off-street parking
  • New roof installed in 2021
  • Lease expires on 2/28/2028 (Tenant does have a 5 year option to renew)

Contacts

broker

Joe Kappler

Macadam Forbes

(503) 972-7294

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise

  • Transit Score ®

    30/100 Some Transit

  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Mcminnville, OR
  • Neighborhood McMinnville
  • Zip Code 97128

Points of Interest

  • Shell

    1.54 miles

  • Pacific Pride

    1.70 miles

  • Pacific Pride

    1.71 miles

  • Shell

    4.51 miles

  • Shell

    9.18 miles

  • Hotel Oregon

    0.19 miles

  • Geoff & Kerry

    1.25 miles

  • Red Lion Hotels

    1.50 miles

  • Comfort Inn & Suites

    1.57 miles

  • Motel 6

    1.61 miles

  • Figment Farm

    4.30 miles

  • Wine Country Farm Bed & Breakfast

    7.31 miles

  • Brightridge Farm Bed and Breakfast

    9.96 miles

  • Community Plate

    0.22 miles

  • Grain Station Brew Works

    0.22 miles

  • Thistle

    0.23 miles

  • Bistro Maison

    0.23 miles

  • Gem Creole Saloon

    0.26 miles

  • Chan's Restuarant

    0.75 miles

  • El Primo

    0.80 miles

  • Popeyes

    0.89 miles

  • Taco Bell

    0.90 miles

  • Figaro Pizza

    0.93 miles

  • International Community School

    0.26 miles

  • Head Start of Yamhill County

    0.30 miles

  • Cook Elementary School

    0.33 miles

  • Media Arts Communication Academy

    0.34 miles

  • St. James Catholic School

    0.41 miles

  • McMinnville High School

    0.48 miles

  • Memorial Elementary School

    0.57 miles

  • McMinnville Adventist Christian School

    0.61 miles

  • Duniway Middle School

    0.79 miles

  • Newby Elementary School

    0.80 miles

  • Little Learners

    4.43 miles

Frequently Asked Questions

What is the lease rate for 704 NE Evans St?

Rental asking rate at 704 NE Evans St is $357,500.00/YR.

What is the total square footage of 704 NE Evans St?

704 NE Evans St totals 4,230 square feet.

When was this property built?

704 NE Evans St was built in 1975.

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Contact Listing Broker

broker

Joe Kappler

Macadam Forbes

(503) 972-7294