AVAILABILITY DETAILS
- Size
- 24,826 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA387927
- Notes
- Cap Rate 5.46%
NOI $676,993
Building Size 24,826 sqft
Lot Area 1.64 acres
Year Built 2018
Rare Portland Newly Constructed Grocery Anchored Neighborhood Center
Irreplaceable Location in Oregon’s Most Dense/ Infill Trade Area
Strong Health Oriented Grocery Operator - Long Term 15 Year Lease
Significant New High End Multi Family Construction
High Barriers To Entry – Limited Grocery Competition
Large Increase in Household Incomes and Housing Pricing
Extremely Favorable/ Flexible Zoning
Alberta/Piedmont Neighborhoods – Portland’s Most Eclectic District
Ability to Procure Historically Low Interest Rate Financing
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Don MacLellan, Feris Lee Investment