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Dutch Bros Leased Investment 4455 26th ave 480 SF Retail Building Portland, OR 97202 $995,000 ($2,072.92/SF) 5.54% Cap Rate
EXECUTIVE SUMMARY
Fee ownership
Absolute NNN ground lease, no Landlord responsibilities
Signalized corner location in SE Portland
Located near Reed College & Cleveland High School
Near Fred Meyer Corporate Headquarters
Terms:
Option Recently Exercised
First option through 4/30/29 (3 5yr. options remaining)
NOI:
$55,107.60 + 2.5% Annual Increases
Absolute NNN ground lease, no Landlord responsibilities
Signalized corner location in SE Portland
Located near Reed College & Cleveland High School
Near Fred Meyer Corporate Headquarters
Terms:
Option Recently Exercised
First option through 4/30/29 (3 5yr. options remaining)
NOI:
$55,107.60 + 2.5% Annual Increases
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
480 SF
Year Built
2015
Price
$995,000
Price Per SF
$2,072.92
Cap Rate
5.54%
NOI
$55,108
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.24 AC
Zoning
EG1
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R274081 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $404,940 |
PROPERTY TAXES
Parcel Number
R274081
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$404,940
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Dutch Bros Leased Investment | 4455 26th ave
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