1033 SE Main St | Portland, OR 97214
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- LoopNet Team
1033 SE Main St
Portland, OR 97214
11+Main · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 8.5% cap rate on in-place income priced below replacement costs
- Positive leverage at current interest rates
- 100% occupied
- Long term anchor tenant who has expressed interest in long term occupancy
- 8.6% cash on cash
- Excellent access to I-5 freeway & public transit
PROPERTY FACTS
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
13,467 SF
Building Class
B
Year Built/Renovated
1943/2014
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,467 SF
Building FAR
0.67
Lot Size
0.46 AC
Zoning
IG1 - IG1
Parking
14 Spaces (1.04 Spaces per 1,000 SF Leased)
AMENITIES
- Energy Star Labeled
- Shower Facilities
PROPERTY TAXES
| Parcel Number | R176887 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,128,160 |
PROPERTY TAXES
Parcel Number
R176887
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,128,160
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