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51385 SW Old Portland Rd 22,203 SF 45% Leased Office Building Scappoose, OR 97056 $5,640,000 ($254.02/SF) 6.05% Cap Rate
INVESTMENT HIGHLIGHTS
- INSTITUTIONAL-GRADE ANCHOR TENANT
- EXCELLENTLY MAINTAINED & MANAGED
- VALUE-ADD LEASE-UP OPPORTUNITY
- STRATEGIC LOCATION IN GROWTH CORRIDOR
EXECUTIVE SUMMARY
Building I is fully leased to OHSU, a state-supported academic medical center with superior credit. The lease extends through 2031 with 3% annual rental escalations, ensuring stable and growing income.
Building II offers 6,363 SF of vacant space, including a medical-ready shell and a finished suite. These spaces provide immediate upside through professional leasing efforts, with potential for OHSU expansion or subdivision into smaller suites.
PROPERTY FACTS
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- -
ATI Physical Therapy is a publicly traded provider of outpatient rehabilitation services with a clinic in Lexington, Massachusetts. Founded in 1996, ATI has grown into one of the largest single-branded physical therapy providers in the United States, operating hundreds of clinics nationwide. The Lexington location offers comprehensive physical therapy services, including manual therapy, therapeutic exercise, sports medicine, and workers’ compensation rehabilitation. ATI emphasizes evidence-based treatment plans tailored to individual needs and provides both in-clinic and virtual care options. The company is headquartered in Downers Grove, Illinois, and trades on NASDAQ under the ticker symbol ATIP. ATI’s growth has been supported by its commitment to research-driven care and specialty programs such as concussion therapy, hand therapy, and women’s health.
- Erhardt Physical Therapy And Sports Medicine, Pc
- Health Care and Social Assistance
- -
- -
- -
- Pinpoint Acupuncture Clinic
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Health Care and Social Assistance | - | - | - | ||
| Erhardt Physical Therapy And Sports Medicine, Pc | Health Care and Social Assistance | - | - | - | ||
| Pinpoint Acupuncture Clinic | Health Care and Social Assistance | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 1,040 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Floor
- 1,000-5,000 SF
- Office/Medical
- Shell Space
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,040 SF | Office/Medical | Full Build-Out | Now |
| 1st Floor | 1,000-5,000 SF | Office/Medical | Shell Space | Now |
1st Floor
| Size |
| 1,040 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 1,000-5,000 SF |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 0101032130310300000 | Improvements Assessment | $589,840 |
| Land Assessment | $145,210 | Total Assessment | $735,050 |
PROPERTY TAXES
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51385 SW Old Portland Rd
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