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Retail Building with Drive Thru 10735 NE Halsey St 5,400 SF Retail Building Portland, OR 97220 $1,695,000 ($313.89/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 23 Striped Parking Spaces in Three Separate Parking Areas
- Pylon Signage, Frontage on NE Halsey St and NE Weidler St
- Ideal Site for Future Mixed-Use Development
- Rare Existing Drive Thru (currently in use)
- Large Walk-In Vault
- Business financials available with signed LOI and Confidentiality Agreement.
EXECUTIVE SUMMARY
2nd-Generation Retail Space with Drive Thru
± 5,400 SF Building on a ± 35,284 SF Lot
Sale Price: $1,695,000 ($314 /SF Building)
± 5,400 SF Building on a ± 35,284 SF Lot
Sale Price: $1,695,000 ($314 /SF Building)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1973
Price
$1,695,000
Price Per SF
$313.89
Cap Rate
8%
NOI
$135,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.81 AC
Zoning
CM2 - CM 2 - Commercial Mixed Use
Parking
40 Spaces (7.41 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Skylights
- Drive Thru
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R318986 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,330,600 |
PROPERTY TAXES
Parcel Number
R318986
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,330,600
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Retail Building with Drive Thru | 10735 NE Halsey St
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