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6935 NE Glisan St 2,373 SF Retail Building Portland, OR 97213 $1,700,000 ($716.39/SF) 7.65% Cap Rate
EXECUTIVE SUMMARY
Excellent cash flowing commercial RE investment property.
Five restaurant (5) spots full leased
Commercial Kitchens with shared seating and restroom
This efficient design creates a low barrier for small business/ restaurant success and allows for the center to remain leased and backfilled upon vacancies.
Five restaurant (5) spots full leased
Commercial Kitchens with shared seating and restroom
This efficient design creates a low barrier for small business/ restaurant success and allows for the center to remain leased and backfilled upon vacancies.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,373 SF
Building Class
C
Year Built/Renovated
1951/2020
Price
$1,700,000
Price Per SF
$716.39
Cap Rate
7.65%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.17 AC
Zoning
CS
Parking
10 Spaces (1.64 Spaces per 1,000 SF Leased)
Frontage
120’ on Glisan St
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R193733 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $252,610 |
PROPERTY TAXES
Parcel Number
R193733
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$252,610
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6935 NE Glisan St
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