422 SE 10th Ave | Hillsboro, OR 97123
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- LoopNet Team
422 SE 10th Ave
Hillsboro, OR 97123
Retail Property For Sale
Investment Highlights
- Approximately 7.5 years remaining on absolute NNN lease
- Attractive 10% fixed rent increases every 5 years
- Corner location at signalized intersection
- Corporate backed lease with The Aaron's Company, Inc.
- Tenant paying below market rent at $1.20/sq. ft. NNN
- Possible owner/user opportunity with tenant marketing the property for sub-lease
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,369 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.55 AC
Zoning
SCC-DT - Existing zoning is "Station Community Commercial-Downtown"
Parking
20 Spaces (1.93 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | R0323536 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,439,480 |
Property Taxes
Parcel Number
R0323536
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,439,480
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