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1100 NE 21st St 13,350 SF 100% Leased Industrial Building Portland, OR 97232 $1,750,000 ($131.09/SF)
Investment Highlights
- Fully leased multi-tenant industrial asset
- Recent upgrades include new HVAC, insulation, and exterior paint
- Excellent location just minutes to downtown Portland and the Central Eastside, and in close proximity to public transport and retail amenities
- Fenced, secured parking
Executive Summary
Fully Leased Industrial Investment
$1,750,000 ($131/SF) | 7.8% Cap Rate
$1,750,000 ($131/SF) | 7.8% Cap Rate
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 |
| Property Type | Industrial | Parking Ratio | 0.6/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 18’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 0.65 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM2 - Commercial Mixed Use 2 | ||
| Price | $1,750,000 |
| Price Per SF | $131.09 |
| Sale Type | Investment |
| 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 | - | - | - |
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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