Available For Sale - Retail

24,826 SF | Show Pricing $

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