Bend Memorial Clinic Medical Office Building

1501 NE Medical Center Dr, Bend, OR 97701
Lease Available

Bend Memorial Clinic Medical Office Building

1501 NE Medical Center Dr, Bend, OR 97701

Details

Updated on January 11, 2021 at 5:59 pm
  • Year Built: 1976
  • Property Type: Medical Building
  • Property Status: Lease, Available
  • Address 1501 NE Medical Center Drive, Bend, OR
  • City Bend
  • Zip/Postal Code 97701

Description

Bend Memorial Clinic Medical Building (the “Property”) located in Bend, Oregon. This medical property has a three-story building totaling 105,000 square foot facility was developed and renovated in 2001 for the Bend Memorial Clinic. A multispecialty group founded in 1946 with more than 120 healthcare providers offering over 30 medical specialties in eight locations throughout Oregon. The Bend Memorial Clinic MOB has equipped with the very latest medical technology, including advanced imaging and diagnostic equipment. It is adept at providing comprehensive care ranging from Cardiology to Pediatrics to Urgent Care.

Medical Office Property for lease is strategically located near to the St. Charles Bend Medical Center, a 261-bed hospital with a Level II Trauma Center and the flagship medical campus of the St. Charles Health System (Moody’s ‘A2’). This Medical Property is fully leased to Bend Memorial Clinic through March 31, 2024, offering investors a stable medical office investment in the affluent city of Bend, Oregon.

Building Features

  • 3-Story Medical Building
  • Stable Cash Flow with Long-Term Stability
  • Significant Capital Investment in Facility
  • Delivered Free and Clear of Any Debt
  • Strategic Hospital-Adjacent Location with Easy
    Accessibility
  • Single Tenant, Triple Net Lease
  • Close to Bend Medical Office Market
  • Positive Physician Employment Trends
  • Favorable Aging Trends and Insurance Payer Mix
  • Comprehensive, “Head-to-Toe” Healthcare Offered in One Location

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Bryan McKenney
  • Bryan McKenney