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10540 SW Hall Blvd
Tigard, OR 97223
Guidepost Montessori– 20 Year Corporate Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 20-Year NNN Lease with the Largest Private Montessori School Operator in the Country – 49 Locations, Including Two Locations In China and
  • Brand New 2019 Construction
  • Tenant in the Process of Committing $500K to Interior & Exterior Rebranding/Remodel
  • Corporate Guarantee From Guidepost’s Parent Company – Higher Ground Education Inc
  • Proven Daycare Location with Strong Enrollment
  • 2.00% Annual Increases

PROPERTY FACTS

Property Type
Retail
Property Subtype
Day Care Center
Building Size
4,942 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.44 AC
Zoning
C-P - C-P Professional Commercial
Parking
12 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
151’ on Hall Blvd

AMENITIES

  • Signage

ABOUT 10540 SW HALL BLVD , TIGARD, OR 97223

This investment property is situated along Southwest Hall Boulevard, which is just off Beaverton Tigard Highway. Beaverton Tigard Highway has an average daily traffic count of 123,000 vehicles. Beaverton Tigard Highway intersects with both Pacific Highway and Interstate 5, these two roads bring an additional 45,000 & 158,5000 vehicles into the immediate area every day. This investment property benefits from being in a highly populated area. There are more than 324,000 people residing within a five-mile radius of this property and more than 1,000,000 reside within a ten-mile radius. Furthermore, these figures are projected to increase in the coming years. This daycare also benefits from being in a very affluent area, the average income within a five-mile radius of this property is greater than $112,000. The Guidepost Montessori School is well-positioned near a large amount of housing communities and new developments. The subject investment property is located within walking distance of Astikos Lofts, a 772-unit recent development. Furthermore this investment property is in close proximity to a highly dense retail corridor consisting of national and local tenants, shopping centers, and hospitality accommodations. Major national tenants include: Walmart, Lowe’s, Costco, Target, Win Co Foods, J.C. Penney, Macy’s, Jos. A Bank, Burlington, McDonald’s, Taco Bell, Starbucks, Rite Aid, and so many more. There are several hospitality accommodations within the immediate area, including: Courtyard by Marriott, Embassy Suites, DoubleTree, Quality Inn, and more. Additionally, the subject property is located two miles from Portland Community College Sylvania, which has an enrollment greater than 23,000 students. Furthermore, the property is located just one mile from Washington Square Mall which his home to 170 tenants. With a population of about 50,000, the city of Tigard is located just south of Portland in southeastern Washington County. It is home to the region’s premier tax-free shopping destinations—Washington Square and Bridgeport Village—and has a community that is devoted to the arts, with the only professional musical theater company in the region. Main Street, located in Tigard’s downtown, is home to where visitors may create a glass masterpiece at the area’s only public glass-blowing art studio. A few favorite local restaurants and a brewery also attract many to this reinvigorated downtown street. Outdoor recreation opportunities in Tigard include easy access to the Tualatin River, which runs through much of Washington County. Recreation is tops here, with Tigard’s Cook Park providing access to the Tualatin River, a calm waterway that is popular with paddlers. The Fanno Creek Greenway Trail (as well as the Tualatin River Water Trail) connects Cook Park to the Tualatin Community Park. Highlights of this trail include wetlands and ponds, oak forest and the flowered landscape of the Tupling Butterfly Garden.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0271235
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$997,600
  • Listing ID: 19001442

  • Date on Market: 3/26/2020

  • Last Updated:

  • Address: 10540 SW Hall Blvd, Tigard, OR 97223

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