Industrial Properties in Portland for sale offer a unique opportunity for investors to tap into the city's strong economy and growing demand for industrial space. With a population of over 650,000, Portland is a hub for various industries, including marine shipping, technology, athletic/outdoor gear and footwear manufacturing, breweries, and coffee roasters. Industrial Properties in Portland can represent a range of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. The city's infrastructure, including the MAX light rail system, Portland Streetcar, and major highways like I-5 and I-405, makes it an attractive location for businesses that require easy access to transportation routes. Additionally, Portland's educational institutions, such as Portland State University and Oregon Health & Science University, provide a skilled workforce, and the city's amenities, including Legacy Emanuel and Legacy Good Samaritan hospitals, and numerous parks and recreation facilities, make it an attractive place to live and work. Overall, Industrial Properties in Portland offer a compelling investment opportunity, with the city's strong economy, growing demand for industrial space, and high quality of life making it an attractive location for businesses and residents alike. Portland is also home to many notable companies such as Nike, Adidas, Columbia Sportswear, and Intel, which adds to the city's appeal.
Portland's industrial landscape is diverse, with various property types available, including Industrial Properties, Warehouses, Land, Apartment Buildings, and Commercial Real Estate. Warehouses in Portland offer flexible space for businesses that require storage and distribution facilities. Land in Portland is available for development, providing opportunities for businesses to build custom facilities. Apartment Buildings in Portland offer a range of residential options, from luxury apartments to affordable housing. Commercial Real Estate in Portland includes office spaces, retail centers, and restaurants, providing a range of options for businesses. With 79 Industrial Properties for sale in Portland, investors have a range of options to choose from. Overall, Portland's industrial market offers a unique combination of economic growth, infrastructure, and quality of life, making it an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Portland?
The average price per square foot for industrial properties in Portland is $240 USD per square foot, with 79 available listings ranging in size from 31,562 square feet to 216,669 square feet, and an average cap rate of 6.95%.
How do location and transportation access affect industrial property values?
Location and transportation access play a crucial role in determining industrial property values in Portland, as proximity to major highways, ports, and transportation hubs can significantly impact a property's functionality, accessibility, and overall value.
- Industrial properties located near major transportation arteries, such as I-5, I-405, and the Portland International Airport, tend to command higher prices due to their ease of access to regional and national markets.
- In addition, properties situated near the Willamette and Columbia rivers, which provide access to marine shipping, can also increase in value due to their proximity to waterborne transportation.
- Furthermore, industrial properties with direct access to public transportation, such as the MAX light rail system and bus services, can also experience increased property values due to the convenience and cost savings they offer to employees and customers.
