Log In/Sign Up
Your email has been sent.
5013-5027 NE 42nd Ave 5,831 SF 100% Leased Retail Building Portland, OR 97218 $2,100,000 ($360.14/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 7% cap rate
- Walk-friendly location
- High visibility location (3,600+ daily traffic count)
EXECUTIVE SUMMARY
Sale-leaseback investment opportunity in a prime Portland location. A long-term NNN lease will be executed between Buyer and Seller prior to close, with lease terms negotiable and structured to target a 7.0% cap rate. Building information and financials are available upon execution of an NDA.
The property is a two-tenant investment featuring the Seller’s leaseback along with an established neighboring tenant.
Oakshire Brewing is a well-established, successfully operating brewery approaching its 20th year in business. The sale of the real estate allows the company to unlock equity
and redeploy capital to support continued growth.
Prominent frontage along NE 42nd Avenue offering excellent visibility, strong traffic exposure, and a highly walkable surrounding district.
The property is a two-tenant investment featuring the Seller’s leaseback along with an established neighboring tenant.
Oakshire Brewing is a well-established, successfully operating brewery approaching its 20th year in business. The sale of the real estate allows the company to unlock equity
and redeploy capital to support continued growth.
Prominent frontage along NE 42nd Avenue offering excellent visibility, strong traffic exposure, and a highly walkable surrounding district.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,831 SF
Building Class
C
Year Built
1949
Price
$2,100,000
Price Per SF
$360.14
Cap Rate
7%
NOI
$147,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.25 AC
Zoning
CM2
Parking
7 Spaces (1.27 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R316189 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $422,430 |
PROPERTY TAXES
Parcel Number
R316189
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$422,430
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
5013-5027 NE 42nd Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.