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700 SE Clay St
Portland, OR 97214
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Grade and dock loading
- Fully climate-controlled
- Headquarters office buildout completed by the tenant.
- Excellent access to I-5 via SE Morrison Street
EXECUTIVE SUMMARY
This outstanding and fully leased industrial building is located in the heart of SE Portland, OR. The immediate neighborhood is a thriving mix of established businesses, newly constructed apartment buildings, and retail opportunities. The property has quick access to I-5 via SE Morrison Street on ramps.
The property is strategically located in the southeastern part of the city, in a bustling urban environment with a mix of industrial, commercial, residential, and cultural amenities. It is surrounded by a blend of historic and modern buildings that dene Portland's architectural character. The property's location benefits from excellent accessibility. Major roads and highways, including Interstate 5 and Interstate 84, are easily accessible, and public transportation is also readily available. Nearby bus stops and light rail stations offer connections to various parts of the city.
The property is strategically located in the southeastern part of the city, in a bustling urban environment with a mix of industrial, commercial, residential, and cultural amenities. It is surrounded by a blend of historic and modern buildings that dene Portland's architectural character. The property's location benefits from excellent accessibility. Major roads and highways, including Interstate 5 and Interstate 84, are easily accessible, and public transportation is also readily available. Nearby bus stops and light rail stations offer connections to various parts of the city.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.50% | Year Built | 1937 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 11’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.39 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 13,762 SF | ||
| Zoning | IG1 | ||
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.39 AC |
| Rentable Building Area | 13,762 SF |
| No. Stories | 1 |
| Year Built | 1937 |
| Tenancy | Single |
| Clear Ceiling Height | 11’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | IG1 |
AMENITIES
- Bus Line
- Signage
- Skylights
PROPERTY TAXES
| Parcel Number | R275935 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $354,240 |
PROPERTY TAXES
Parcel Number
R275935
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$354,240
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