16555 SW 12th St | Sherwood, OR 97140
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- LoopNet Team
16555 SW 12th St
Sherwood, OR 97140
Sherwood Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Shadow-anchored by Kohl’s and amongst national retailers including Target, Walmart, Hobby Lobby, and Safeway.
- Domino’s Pizza has occupied the property since 2001.
- All leases have built-in 3% annual rent increases, and 80% provide a personal or corporate guaranty.
- A high-quality asset with professional ownership and management featuring NNN leases, including management and administration fees.
- Robust rent roll with staggered leases and seasoned rents. Market rents in the area reach upwards of $30/SF.
- Located off SW Sherwood Boulevard with direct access to and from 99W with a daily vehicle count of 38,400.
PROPERTY FACTS
Property Type
Retail
Building Size
10,794 SF
Building Class
B
Year Built
2002
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.44 AC
Zoning
CG
Parking
41 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
183’ on Southwest 12th Street
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | R2189018 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,523,440 |
PROPERTY TAXES
Parcel Number
R2189018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,523,440
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