This Retail Property is Off-Market.

5121 SE Tualatin Valley Hwy
Hillsboro, OR 97123 ·

2,500 SF · Retail For Sale

N/A

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TV Hwy Retail with Redevelopment Potential

Price N/A Cap Rate 5.40%
Building Size 2,500 SF Occupancy 100%
Property Type Retail No. Stories 1
Property Sub-type
Free Standing Bldg
More...
  • Office (land)
  • Retail (land)
Tenancy Multiple
Property Use Type Investment Year Built 1961
Commission Split 6% Lot Size 40,800 SF
Listing ID: 14945339 Date Created: 01/08/2007 Last Updated: 03/19/2007

Description

Retail property on TV Highway with long-term stable primary tenant + coffee kiosk. Primary tenant has 21 months remaining on lease and would like to extend, but the option is yours. Drastically under-utilized property has +/- 2,500 SF building on +/- 40,800 SF lot, leaving great potential for redevelopment. Preliminary plans have been drawn for a 12,370 SF strip center, but out-of-area owners prefer to sell. It may be possible to redevelop without disrupting current tenant, providing continuous cash flow during construction.

High-traffic TV Hwy location near The Reserve Vineyards and Golf Club. Approx. 100' from intersection with Brookwood realignment, bringing high visibility and slow traffic.

Highlights

  • Cash Flow while you re-develop or land bank
  • Long-term stable primary tenant
  • High traffic location

Research

5121 SE Tualatin Valley Hwy, Hillsboro, OR 97123 (Washington County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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