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1024-1076 SW Highland Dr
Gresham, OR 97080
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Scheduled rent increases for majority of tenants increases overall investment return.
  • Property surrounded by hi-density residential with 319,000 residents within 5 miles.
  • Lack of available retail space contributing to growing rents and low submarket vacancy of 5.3%.
  • All tenants are current on rent payments since COVID 19.
  • Nearby Shadow tenants WalMart, Safeway, McDonald’s, and Walgreens provide increased draw to the property.

PROPERTY FACTS

Property Type
Retail
Building Size
8,820 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.74 AC
Zoning
CC
Parking
34 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
176’ on Highland Dr

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R499638
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,930,750
  • Listing ID: 20672200

  • Date on Market: 8/18/2020

  • Last Updated:

  • Address: 1024-1076 SW Highland Dr, Gresham, OR 97080

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