17,000
Sq. Ft.
0.28
Acre Lot
Courtesy: Keller Williams Realty Portland Premiere
Low vacancy, full triple net multi-suite office building. Fully rebuilt (before they opened 1-1-2017) from the studs with all new systems. This building has low maintenance costs which are fully absorbed by the tenants.The property is leased under market value with primary tenancies producing tax exempt rent. Average remaining lease length is 3.5 years with several having 60 month options. The property is estimated to produce $18,659 of net income per month, across 12 suites. Leases range from $1.07/SF to $1.60/SF. The building is currently priced at a true cap rate of 4.48%
23225891
Commercial - Office, Business Opportunities, 3+ Story
1945
Yamhill
0.28
Acres
PublicWater
3
Block,Brick
PublicSewer
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Loading...
Arrows indicate 90 day trend
Loading...
Courtesy: Bradley King, Keller Williams Realty Portland Premiere
Agent Office Phone: 503-597-2444
Agent License: 201235429
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. All real estate listings are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers.
Listing content is © 2021 RMLS™, Portland, Oregon.
Listing content is © 2021 RMLS™, Portland, Oregon.