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1190 NE Division St
Gresham, OR 97030
Suite A · Industrial Property For Sale
Investment Highlights
- 7.0% Cap rate
- Industrial/flex building
- Strong tenant in place
- High traffic area with major business nearby
Executive Summary
This 1.21 Acre lot has a 12,091 SF single-tenant Industrial/Flex building offered at $2,592,000 (7.0% cap). NNN Lease with a strong in-place tenant, 3 years remaining plus a 2-year renewal option. High traffic area with many large companies nearby.
Please do not disturb tenants. Contact Ethan Suk at 503-791-1986 to schedule a showing M-F, 9am - 5pm with 24 hours notice. Email Admin@BradleyKingCRE.com to get additional Buyer information.
Please do not disturb tenants. Contact Ethan Suk at 503-791-1986 to schedule a showing M-F, 9am - 5pm with 24 hours notice. Email Admin@BradleyKingCRE.com to get additional Buyer information.
Property Facts
| Sale Type | Investment | Rentable Building Area | 12,096 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1973 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.20 AC | Opportunity Zone |
Yes
|
| Zoning | DEM - Downtown Employment Mid-Rise, a mixed-use land-use district | ||
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.20 AC |
| Rentable Building Area | 12,096 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | DEM - Downtown Employment Mid-Rise, a mixed-use land-use district |
Amenities
- Fenced Lot
- Signage
- Storage Space
Utilities
- Lighting
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | R121672 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,199,420 |
Property Taxes
Parcel Number
R121672
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,199,420
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