Freestanding For Sale • 6,300 SF
ESTABLISHED TENANT WITH PROVEN SUCCESS: Tenant reports extremely strong sales at this location, demonstrating reliability and performance. |
SECURE NNN LEASE WITH INCREASES: Long-term NNN lease with 3% annual rent escalations, providing consistent income and built-in rent growth. |
THRIVING LOCATION IN A GROWING MARKET: Situated in Portland’s desirable inner east side, adjacent to the prestigious Soho House. |
EXTENSIVELY RENOVATED ASSET: Fully updated in 2016, including electrical systems, HVAC, waterlines, and a sprinkler system. |
Cap Rate: | 6.14 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) | 5 min | - | 1.7 mi |
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 19 min | - | 9.3 mi |
Transit/Subway | Drive | Walk | Distance |
Se Grand & Stark (Portland Streetcar - B Loop - Portland Streetcar) | 1 min | 6 min | 0.3 mi |
Se Grand & E Burnside (Portland Streetcar - B Loop - Portland Streetcar) | 1 min | 7 min | 0.4 mi |
Se M L King & Stark (Portland Streetcar - A Loop - Portland Streetcar) | 1 min | 7 min | 0.4 mi |
Se Grand & Belmont (Portland Streetcar - B Loop - Portland Streetcar) | 2 min | 8 min | 0.4 mi |
Ne M L King & E Burnside (Portland Streetcar - A Loop - Portland Streetcar) | 1 min | 9 min | 0.5 mi |
Airport | Drive | Walk | Distance |
Portland International | 19 min | - | 11.1 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |