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EE Systems Lab 5411 N Lagoon Ave 46,995 SF Industrial Building Portland, OR 97217 $7,800,000 ($165.98/SF)
Executive Summary
Available Space for Lease or Sale:
± 46,995 SF situated on ± 3.5 acres
Sale Price: $7,800,000
Lease Rate: $39,000/Month + NNNs
Available January 1, 2027
Property Highlights
• Centrally Located to I-5, I-84 Junction, and 405 Freeways
• Drive Through and Drive Around Capability for the Property
• Extensive Electrical Distributed Throughout the Building
• Existing 2 & 3 ton Bridge Cranes
• Epoxy Floors - Professionally Maintained
• New TPO Roof - 07/2023
• Corporate Image and Desirable Location
• Currently in use by Daimler Trucks N.A.
• Secure Yard, Ideal for Trucks and Equipment Storage
• Multiple Ingress/Egress on N. Lagoon Ave and N. Channel Ave.
• Rare Opportunity to Purchase or Lease
± 46,995 SF situated on ± 3.5 acres
Sale Price: $7,800,000
Lease Rate: $39,000/Month + NNNs
Available January 1, 2027
Property Highlights
• Centrally Located to I-5, I-84 Junction, and 405 Freeways
• Drive Through and Drive Around Capability for the Property
• Extensive Electrical Distributed Throughout the Building
• Existing 2 & 3 ton Bridge Cranes
• Epoxy Floors - Professionally Maintained
• New TPO Roof - 07/2023
• Corporate Image and Desirable Location
• Currently in use by Daimler Trucks N.A.
• Secure Yard, Ideal for Trucks and Equipment Storage
• Multiple Ingress/Egress on N. Lagoon Ave and N. Channel Ave.
• Rare Opportunity to Purchase or Lease
Property Facts
| Price | $7,800,000 | Rentable Building Area | 46,995 SF |
| Price Per SF | $165.98 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1965 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.56/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18’ |
| Lot Size | 3.50 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | M2 | ||
| Price | $7,800,000 |
| Price Per SF | $165.98 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.50 AC |
| Rentable Building Area | 46,995 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 1.56/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | M2 |
Amenities
- Bus Line
- Signage
Utilities
- Lighting
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
± 46,995 SF situated on ± 3.5 acres ± 1.44 Acres, Paved and Fenced Warehouse: 22,540 SF 1st Floor Office: 20,962 SF 2nd Floor Office: 2,672 SF Shop Office: 821 SF
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 46,995 SF | Industrial | - | Jan 2027 |
1st Floor
| Size |
| 46,995 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Jan 2027 |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 46,995 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Jan 2027 |
± 46,995 SF situated on ± 3.5 acres ± 1.44 Acres, Paved and Fenced Warehouse: 22,540 SF 1st Floor Office: 20,962 SF 2nd Floor Office: 2,672 SF Shop Office: 821 SF
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R315938 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,820,290 |
Property Taxes
Parcel Number
R315938
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,820,290
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
