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Investment Highlights

  • Newly constructed industrial facility with modern design and premium finishes.
  • New five-year lease at closing with two additional five-year renewal options.
  • High-quality steel construction and 100kW solar array reducing operating costs.
  • Absolute Net lease structure with tenant covering operating expenses.
  • Strong in-place NOI of approximately $384,954 with 5.50% cap rate.
  • Located in Sherwood’s growing industrial corridor with excellent regional access.

Executive Summary

15205 SW Arrow Street presents an exceptional opportunity to acquire a newly constructed industrial investment in the thriving Sherwood submarket of Portland, Oregon. Completed in 2023, this 18,141-square-foot facility combines 10,837 square feet of modern office space with 7,304 square feet of functional warehouse area on a 0.92-acre site. The property is offered as an Absolute Net (NNN) investment, providing investors with predictable income and minimal management responsibilities. A new five-year lease will be executed at closing with two additional five-year renewal options, ensuring long-term stability. The asset delivers a strong in-place NOI of approximately $384,954 and a 5.50% capitalization rate. Featuring high-quality steel construction, premium finishes, and sustainable elements such as a 100kW solar array, this property offers a rare combination of modern design, operational efficiency, and income security in one of Portland’s most dynamic industrial corridors.n the Portland market.

Property Facts

Price $7,000,000
Price Per SF $385.87
Sale Type Investment NNN
Cap Rate 5.50%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 0.92 AC
Rentable Building Area 18,141 SF
No. Stories 2
Year Built 2023
Parking Ratio 2.2/1,000 SF
Clear Ceiling Height 35’11”
No. Drive In / Grade-Level Doors 4
Zoning LI - Light Industrial

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Mezzanine
  • 160 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

  • Mezzanine
  • 160 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

  • Mezzanine
  • 160 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

  • Mezzanine
  • 160 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

  • Mezzanine
  • 160 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

  • Mezzanine
  • 160 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

  • Mezzanine
  • 160 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

  • Mezzanine
  • 160 SF
  • Office
  • Full Build-Out
  • Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Space Size Space Use Condition Available
Mezzanine 160 SF Office Full Build-Out Now
Mezzanine 160 SF Office Full Build-Out Now
Mezzanine 160 SF Office Full Build-Out Now
Mezzanine 160 SF Office Full Build-Out Now
Mezzanine 160 SF Office Full Build-Out Now
Mezzanine 160 SF Office Full Build-Out Now
Mezzanine 160 SF Office Full Build-Out Now
Mezzanine 160 SF Office Full Build-Out Now

Mezzanine

Size
160 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size
160 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size
160 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size
160 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size
160 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size
160 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size
160 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size
160 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size 160 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Mezzanine

Size 160 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Mezzanine

Size 160 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Mezzanine

Size 160 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Mezzanine

Size 160 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Mezzanine

Size 160 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Mezzanine

Size 160 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Mezzanine

Size 160 SF
Space Use Office
Condition Full Build-Out
Available Now

NEW TO MARKET! Introducing a stunning new industrial building at 15205 SW Arrow St, Sherwood, OR, 97140. This property boasts a spacious 2,300 SF mezzanine office, comprising 8 private offices, a conference room, and a fully-equipped kitchen. The addition of a private restroom adds convenience and privacy for tenants. With the potential for ground floor office space, this versatile property offers flexibility for the right user. Situated on a generous .92 acres, with 40 shared parking spaces, and LED lighting throughout, this property provides a modern and accommodating space for your business needs.

Property Taxes

Property Taxes

Parcel Number
R2151074
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,719,010
  • Listing ID: 31641651

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 15205 SW Arrow St, Sherwood, OR 97140

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