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16199 Boones Ferry Rd
Lake Oswego, OR 97035
Albertsons: Lake Oswego, OR · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Albertsons’ absolute NNN lease features 14.7 years of primary term remaining.
  • Rare 2.00% annual escalations provide an investor with an average unlevered return of 5.65% increasing up to 6.60% by the end of the initial term.
  • 2.00% annual rent increases throughout the initial term and in each of the two 10-year renewal options.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
39,928 SF
Building Class
B
Year Built
1965
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
3.12 AC
Zoning
GC

AMENITIES

  • Bus Line
  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00233189
  • 00233170
  • 05014510
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,564,701
  • Listing ID: 20016748

  • Date on Market: 6/23/2020

  • Last Updated:

  • Address: 16199 Boones Ferry Rd, Lake Oswego, OR 97035

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