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4504 SW Corbett Ave
Portland, OR 97239
Panorama Bldg · Office Property For Sale
Executive Summary
The Panorama Building is an office complex and may be purchased as an Owner User property or a solid Investment property. The building is modern in design, with eye catching views of the Willamette River and Mount Hood and a quiet pleasant neighborhood. Recent Capital improvements include a new roof, new HVAC systems throughout the building and many other improvements, including Tenant Improvements in 90% of the Suites.
The Panorama building is elevator served, has a fire sprinkler system, security alarm system, key card access 24 hours per day, a tenant break room, shower suite, on site parking garage, and available offsite permit parking. Large widows thru out enhance the neighborhood, Mount Hood and Willamette River views and provide excellent natural lighting.
The Panorama Building is just minutes from downtown Portland, the building has easy access to Barbur Blvd., Interstate 5, and HWY 99.
Leases are All Inclusive and annual 5% rent increases are included in the Lease Agreements.
The Panorama building is elevator served, has a fire sprinkler system, security alarm system, key card access 24 hours per day, a tenant break room, shower suite, on site parking garage, and available offsite permit parking. Large widows thru out enhance the neighborhood, Mount Hood and Willamette River views and provide excellent natural lighting.
The Panorama Building is just minutes from downtown Portland, the building has easy access to Barbur Blvd., Interstate 5, and HWY 99.
Leases are All Inclusive and annual 5% rent increases are included in the Lease Agreements.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,400 SF
Building Class
B
Year Built/Renovated
1954/1985
Price
$2,350,000
Price Per SF
$225.96
Percent Leased
92%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,200 SF
Slab To Slab
10’
Building FAR
1.26
Lot Size
0.19 AC
Zoning
M3S
Parking
15 Spaces (1.44 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | R247552 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,387,840 |
Property Taxes
Parcel Number
R247552
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,387,840
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