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Kruse Park Bldg 3990 Collins Way 13,382 SF 100% Leased Office Building Lake Oswego, OR 97035 $3,674,936 ($274.62/SF) 6.75% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% leased investment with long term tenants. Located in the highly desirable Lake Oswego submarket
- New roof in 2020 & New HVAC in 2021
- New parking lot drainage system and exterior paint in 2025
- New 2nd floor windows and skylights
- Updated alarm panels and system in 2024
- Weighted Average Lease Term (WALT) of approximately 4.1 years
EXECUTIVE SUMMARY
building. Kruse Park Chiropractic originally moved into the building in July 2006, and Shannon & Wilson started in October 2014. Shannon & Wilson renewed and expanded within the building in October 2024.
This two-story elevator-served building is on 23,668 SF of land with two separate curb cuts. The property is zoned General Commercial and is located within the Lake Grove Village Center Overlay District. The owner has performed several capital improvements as listed below.
PROPERTY FACTS
AMENITIES
- Bus Line
- Signage
- Balcony
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Kruse Park Chiropractic Clinic
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Shannon & Wilson is an employee-owned consulting firm headquartered in Seattle, Washington. Committed to technical excellence and high-quality service, they provide integrated geotechnical engineering, engineering geology, environmental, and natural resource services for clients worldwide. Since 1954, they have delivered comprehensive engineering and environmental solutions for the most challenging infrastructure planning, design, permitting, and construction conditions. They're dedicated to improving their communities, preserving the environment, and utilizing the most innovative science practices in all their work.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Kruse Park Chiropractic Clinic | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
|
Professional, Scientific, and Technical Services | 99,999 SF | - | - | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 00239940 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,072,698 |
PROPERTY TAXES
Presented by
Kruse Park Bldg | 3990 Collins Way
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