1200 Hilyard Street_Property for Sale
1200 Hilyard Street_Property for Sale

1200 Hilyard Street

Eugene, OR, US, Americas

Description

Jones Lang Lasalle Americas, Inc. (“JLL”), on behalf of ownership, has been exclusively retained to offer for sale to qualified investors the opportunity to acquire fee simple interest in a six-story, 157,295 net rentable square foot multi-specialty medical outpatient building, an attached 888 stall parking structure, and 4,598 RSF of retail space (the "Property") located two blocks from the University of Oregon campus in Eugene, Oregon. The Property's medical outpatient space is leased to PeaceHealth (Fitch: A+) for 10 years and houses a variety of complementary clinical services including primary care, internal medicine, women's health, pediatrics, urgent care, imaging, dermatology, endocrinology, anticoagulant, ENT, and behavioral health.


Centrally located in Eugene, OR, the Property is adjacent to the University of Oregon, a growing top-tier public research university with a student population exceeding 24,000. The Property features several strategic subtenants including Quest Diagnostics, Oregon Imaging, and Volunteers in Medicine.


The opportunity offers an investor a significant and reliable cash flow stream on a favorable triple net lease inclusive of 3.0 percent annual rental escalations. Retail leases and creative management of the parking garage further enhance value of the Property. The Property will be conveyed unencumbered by in-place debt.

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Attributes

Floors
6
Year built
1990
Year renovated
2014
Parking spaces
888
1200 Hilyard Street (2 Properties)
1200 Hilyard Street (2 Properties)

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Investment highlights

  1. Fully Leased by PeaceHealth - Nationally Recognized Investment Grade Credit Health System
  2. Prime Location Between Downtown Eugene and the University Campus - University of Oregon
  3. Features Clinical Specialties Such as Imaging, Urgent Care, Dermatology, Women's Health, Pediatrics, Primary Care, Internal Medicine and Behavioral Health
  4. Dynamic Area Featuring New Residential Development and Institutional Investment
  5. Value-Add Opportunity with 888-Stall Parking Garage
1200 Hilyard Street 4_Property for Sale
1200 Hilyard Street 4_Property for Sale

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Last updated
Oct 13, 2025