11545 NE Sandy Blvd | Portland, OR 97220
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- LoopNet Team
11545 NE Sandy Blvd
Portland, OR 97220
Jiffy Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Lease with ±13 years remaining in the primary term.
- Corporate Guarantee – Backed by Jiffy Lube International, a subsidiary of Shell, Inc. provides a strong security of income.
- Positioned on Sandy Blvd – Primary thoroughway extending across city of Portland.
- Absolute Triple-Net Lease (NNN) – Zero Landlord Responsibilities.
- Annual Rent Increases – Overage Rent Clause allows Landlord to participate in price increases in hedge against inflation.
- Brand New Renovation – Recent remodel in 2020 converting to Jiffy Lube’s new Multicare® store model.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,425 SF
Building Class
B
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.32 AC
Zoning
CGH
Frontage
93’ on Sandy Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | R318488 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $337,260 |
PROPERTY TAXES
Parcel Number
R318488
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$337,260
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