310 SE 28th Ave | Portland, OR 97214
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- LoopNet Team
310 SE 28th Ave
Portland, OR 97214
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Leased to highly regarded local brands, Bamboo Sushi and Ken’s Artisan Pizza, each with four years of term remaining.
- Three percent (3%) annual rent bumps create desired lift in NOI.
- Dense in-fill location with a population of more than 470,000 within a 5-mile radius.
- Triple net expense structure provides minimal management responsibilities.
- Full interior and exterior remodel in 2006 including restaurant buildouts for current tenants.
- Strong purchasing power exhibited by neighborhood residents who exhibit annual household income exceeding $100,000.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,050 SF
Building Class
C
Year Built/Renovated
1927/2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.12 AC
Zoning
R5
Frontage
112’ on 28th Ave
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | R130102 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $413,850 |
PROPERTY TAXES
Parcel Number
R130102
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$413,850
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