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1972 W Burnside St
Portland, OR 97209
Stadium Retail · Retail Property For Sale
Investment Highlights
- Trophy location at the nexis of NW Portland, Goose Hollow and Uptown across the street from Providence Park
- The building is 25% occupied by Next Level Burger with 5,722 square feet of space available for lease.
- The site is zoned Central Commercial (CX), with a base FAR with bonuses of 7:1, and unlimited allowable FAR transfers within the zoning height limits.
- The property is a 19,200 square foot lot with a large parking lot and 7,591 SF retail building.
- In-place NNN leases are generating over $7,500 in monthly rent.
- Highly sought-after retail space with market rents upwards of $50/SF NNN.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,591 SF
Building Class
C
Year Built
1991
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.44 AC
Zoning
CX - Central Commercial
Parking
22 Spaces (2.9 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | R316781 | Improvements Assessment | $0 |
| Land Assessment | $1,093,150 | Total Assessment | $1,093,150 |
Property Taxes
Parcel Number
R316781
Land Assessment
$1,093,150
Improvements Assessment
$0
Total Assessment
$1,093,150
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