525 NE Grand Ave | Portland, OR 97232
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- LoopNet Team
525 NE Grand Ave
Portland, OR 97232
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease (Extremely Rare for Starbucks) | Zero Landlord Responsibilities
- Corporate Guarantee | Credit Rated Tenant
- Heavy Traffic Counts |Over 200,000 VPD combined on NE Grand Ave, MLK Blvd. and I-84
- Trophy Location | Located directly across the street from Oregon Convention Center
- Tenant Commitment | Starbucks has operated successfully at this location since 1994
- A+ Demographics | 247,000+ Population in a 3-Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,513 SF
Building Class
B
Year Built/Renovated
1987/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.41 AC
Zoning
N/Av
Parking
15 Spaces (9.91 Spaces per 1,000 SF Leased)
Frontage
63’ on NE Grand Ave
AMENITIES
- Bus Line
- Commuter Rail
- Metro/Subway
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R178536 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,189,490 |
PROPERTY TAXES
Parcel Number
R178536
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,189,490
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