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2515 NW Nicolai St
Portland, OR 97210
The Nicolai Building · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Showroom
  • Industrial Service
Building Class B
Lot Size 0.79 AC
Rentable Building Area 25,039 SF
No. Stories 1
Year Built 1978
Tenancy Single
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 3
Zoning IH, Portland

AMENITIES

  • Bus Line
  • Front Loading
  • Signage
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Water
  • Sewer
  • Heating

ABOUT 2515 NW NICOLAI ST , PORTLAND, OR 97210

Investment Information: • 100% NNN Leased Cannabis Warehouse with experienced operator (both retail dispensary and grow operation) • $27,054 NNN monthly rent with 3.0% Annual Increases • Long term lease in place until June 2023 with option to extend until 2028 • Master Tenant has availability for owner-user buyers to occupy grow or dispensary space • Over $1.2 million in recent upgrades including heavy power, HVAC, office, storefronts and much more Building Information: • 25,039 SF Warehouse with mix of storage, production, retail and office (majority is industrial) • High quality concrete tilt up construction • Numerous recent upgrades including heavy electrical, HVAC, exterior paint, office buildout and exterior storefronts • 3 dock high and 3 grade level loading doors with ability for additional doors • Multi-Tenant building design with 6 storefronts • Industrial Zoning, city of Portland, • Excellent location just off I-405 and 1 minute to NW 23rd avenue shops, restaurants and bars, amazing location

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R286789
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,668,930
  • Listing ID: 16778889

  • Date on Market: 7/31/2019

  • Last Updated:

  • Address: 2515 NW Nicolai St, Portland, OR 97210

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