3350 NE Sandy Blvd | Portland, OR 97232
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- LoopNet Team
3350 NE Sandy Blvd
Portland, OR 97232
Nectar Sandy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Over five years of firm term remaining with attractive 2.5% annual rental increases through existing term and each five year renewal.
- Annual rent increases provide opportunity to increase yield by 86 basis points over the first five years of the holding period.
- Ideally located with high visibility on NE Sandy Blvd with daily traffic counts in excess of 22,548.
- Although actual sales data is confidential, this location does report strong sales, contact CPX.
- NNN Lease structure provides limited Landlord responsibilities.
- Nectar is a fast-growing, market-share leading Oregon cannabis entity with 36 locations across the state.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,383 SF
Building Class
C
Year Built
1935
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.22 AC
Zoning
CG
Parking
7 Spaces (2.07 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $404,750 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$404,750
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