Sherwin Williams 19405 SW Tualatin Valley Hwy 3,500 SF Retail Building Beaverton, OR 97003 $2,658,000 ($759.43/SF) 5.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Average 5.56% CAP Rate Over Remaining Term
- Approximately 7 Years on the Lease Remaining with 3 and 5-year Options
- Investment Grade Tenant with BBB Rating From S&P
- Completed and Opened in March of 2022
- Rent Increases from 12.5%–15%
EXECUTIVE SUMMARY
3,500 SF Single Tenant Net Lease Investment Opportunity in SW Beaverton
Built-to-Suite Sherwin Williams • Off-Street Parking
Building Size: 3,500 SF
Lot Size: ±20,473 SF (±0.47 AC)
Zoning: Community Business District (CBD)
Parking: 14 Off-Street Spaces (4:1000)
Sale Price: $2,658,000
CAP Rate: 5.56%
Average NOI over Remaining Term: $147,736
Built-to-Suite Sherwin Williams • Off-Street Parking
Building Size: 3,500 SF
Lot Size: ±20,473 SF (±0.47 AC)
Zoning: Community Business District (CBD)
Parking: 14 Off-Street Spaces (4:1000)
Sale Price: $2,658,000
CAP Rate: 5.56%
Average NOI over Remaining Term: $147,736
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,500 SF
Year Built
2019
Price
$2,658,000
Price Per SF
$759.43
Cap Rate
5.56%
NOI
$147,736
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.47 AC
Zoning
CBD - Community Business District
Parking
14 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
119’ on Southwest Tualatin Valley
AMENITIES
- 24 Hour Access
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Sherwin Williams
- Retailer
- 3,500 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Sherwin Williams | Retailer | 3,500 SF | - | - |
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R2079051 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $819,480 |
