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10101 SW Washington Square Rd
Portland, OR 97223
Bank of America · Retail Property For Sale
Investment Highlights
- Investment-Grade Tenant | Bank of America (NYSE: BAC; S&P: A+; Fortune 500: #29)
- If Bank of America (Deposits: $152.1M) exercises their option in 2026, an investor will enjoy a 20% increase in rent (cpi max at 25%).
- Outparcel to the 1.3 MSF Washington Square Center | Welcomed 1.7M visitors across 5.2M visits over the past 12 months (Placer.ai)
- NNN Ground Lease | Huge Upside | Only One 10-Year Option to Renew | Extraordinary Rent Escalations
- Excellent Access & Visibility | SW Greenburg Road (11,297 VPD) | SW Beaverton Tigard Freeway (107,854 VPD)
- Less Than 7 Miles to Downtown Portland | Portland, OR MSA (MSA Population: 2.59M+)
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
5,378 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.83 AC
Zoning
MUC - 2210 - Commercial Improved
Parking
25 Spaces (4.65 Spaces per 1,000 SF Leased)
Frontage
234’ on Washington Square Rd
Amenities
- Corner Lot
- Signage
- Drive Thru
Property Taxes
| Parcel Number | R2188821 | Improvements Assessment | $38,060 |
| Land Assessment | $0 | Total Assessment | $38,060 |
Property Taxes
Parcel Number
R2188821
Land Assessment
$0
Improvements Assessment
$38,060
Total Assessment
$38,060
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