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12255-12297 SW Main St 10,000 SF 100% Leased Retail Building Tigard, OR 97223 $2,595,000 ($259.50/SF) 6% Cap Rate



EXECUTIVE SUMMARY
The Johnson Building offers approximately 10,000 square feet of fully leased, multi-tenant space in the heart of downtown Tigard. With strong visibility, steady foot traffic, and a diverse mix of local tenants, the property generates stable in-place income at a 6.0% cap rate. On-site parking, direct transit access, and a central Main Street location enhance its long-term appeal, while future rent growth and redevelopment potential provide additional upside.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
B
Year Built
1950
Price
$2,595,000
Price Per SF
$259.50
Cap Rate
6%
NOI
$155,700
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
CBD
Parking
22 Spaces (1 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Krav Maga
- Professional, Scientific, and Technical Services
- -
- -
- -
-
Jan 0000
- Ultra Botanicals
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Krav Maga | Professional, Scientific, and Technical Services | - | - | - | Jan 0000 | |
| Ultra Botanicals | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R0461477 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $921,440 |
PROPERTY TAXES
Parcel Number
R0461477
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$921,440
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12255-12297 SW Main St
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