12405 SE 82nd Ave | Happy Valley, OR 97086
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- LoopNet Team
12405 SE 82nd Ave
Happy Valley, OR 97086
Walgreens sublet to Food Depot - PORTLAND, OR · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Surrounded by intensive market area build up (retail and commercial developments)
- Strong population density with more than 266,439 residents in the immediate area
- Offering a 12.21% cash on cash return after debt service, with a 70% LTV loan assumption
- Secure investment with Walgreens backed lease, and essential retailer food provider servicing the area
- 7.8 years remaining on the base term of a Walgreens guaranteed 25 year NNN lease.
- Landlord to pay loan assumption fees.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,855 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.69 AC
Zoning
RCC
Parking
74 Spaces (4.67 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 00112256 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,807,549 |
PROPERTY TAXES
Parcel Number
00112256
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,807,549
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