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1100 NE 21st St 13,350 SF 100% Leased Industrial Building Portland, OR 97232 $1,750,000 ($131.09/SF) 7.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Just minutes to downtown Portland & close proximity to public transport and retail amenities
- Fenced, secured parking
- 4 Grade Doors; 3-Phase Power
- Fully leased multi-tenant industrial asset
- Recent upgrades include new HVAC, insulation, and exterior paint
EXECUTIVE SUMMARY
• Fully leased multi-tenant industrial asset
• Excellent location just minutes to downtown Portland and the Central Eastside, and in close proximity to public transport and retail amenities
• Recent upgrades include new HVAC, insulation, and exterior paint
• Fenced, secured parking
• Excellent location just minutes to downtown Portland and the Central Eastside, and in close proximity to public transport and retail amenities
• Recent upgrades include new HVAC, insulation, and exterior paint
• Fenced, secured parking
PROPERTY FACTS
| Price | $1,750,000 | Rentable Building Area | 13,350 SF |
| Price Per SF | $131.09 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1923/2012 |
| Cap Rate | 7.80% | Parking Ratio | 0.6/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Service | No. Dock-High Doors/Loading | 4 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.65 AC | ||
| Zoning | CM2 - Commercial Mixed Use 2 | ||
| Price | $1,750,000 |
| Price Per SF | $131.09 |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.65 AC |
| Rentable Building Area | 13,350 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1923/2012 |
| Parking Ratio | 0.6/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM2 - Commercial Mixed Use 2 |
AMENITIES
- Bus Line
- Fenced Lot
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Alameda Carpet & Upholstery Cleaners
- Construction
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Alameda Carpet & Upholstery Cleaners | Construction | - | - | - |
1 1
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | R316826 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $555,170 |
PROPERTY TAXES
Parcel Number
R316826
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$555,170
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1100 NE 21st St
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