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13190 SW 68th Pky
Tigard, OR 97223
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Washington County taxes and the ability to utilize Portland or Tigard address
- Prominent signage visible from I-5 is available
- Current condition of the property is updated
- Fantastic location at the confluence of three major thoroughfares ( Hwy 99, Interstate 5 and Hwy 217)
- Lot size allows for ample 5.8/1000 parking and other outdoor amenities to be added by Buyer
- Solar panels lower expenses for occupants and/or owner occupants
EXECUTIVE SUMMARY
This Class A property is nestled in the heart of the Tigard Triangle. It features a modern and clean concrete tilt two story structure that encompasses 39,390 square feet of building area and sits on 2.06 acres of land. The property has a sparsely landscaped and well-maintained parking lot area, set in an attractive wooded setting. It boasts ample window lines and a clean design, along with an updated common lobby and common areas.
The location is ideal, situated at the confluence of Interstate 5, Highway 217, and Highway 99, allowing occupants easy access from three counties within minutes. This fantastic location benefits from liberal zoning, freeway exposure, and a large site that accommodates overflow parking or potential further development. The property is suitable for office, medical, or alternative uses, as the signage, building condition, and price point are below replacement costs and situated in a high-traffic area
The location is ideal, situated at the confluence of Interstate 5, Highway 217, and Highway 99, allowing occupants easy access from three counties within minutes. This fantastic location benefits from liberal zoning, freeway exposure, and a large site that accommodates overflow parking or potential further development. The property is suitable for office, medical, or alternative uses, as the signage, building condition, and price point are below replacement costs and situated in a high-traffic area
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
39,390 SF
Building Class
A
Year Built
1997
Price
$9,000,000
Price Per SF
$228.48
Percent Leased
21%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,695 SF
Building FAR
0.44
Lot Size
2.06 AC
Opportunity Zone
Yes
Zoning
MUE
Parking
200 Spaces (5.08 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | R2064146 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,923,520 |
PROPERTY TAXES
Parcel Number
R2064146
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,923,520
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