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7070 NE Sandy Blvd
Portland, OR 97213
Walgreens Portland OR 14.5 Years NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • STABLE INCOME - Income guaranteed by Walgreens, investment grade credit rating of BBB- (S&P), Fortune 500 company with ±9,200 locations.
  • 5 MILES FROM DOWNTOWN PORTLAND - Located just 5 miles NE from downtown Portland on one of the main thoroughfares leading into the city center.
  • ABSOLUTE NET LEASE – Absolute net lease with ±14 yrs. remaining before 11 5-year options to follow and no landlord responsibilities.
  • INFILL DEMOS & TRAFFIC COUNTS – Avg. HH income is a $82,825 (1-mi), $91,049 (3-mi), $83,274 (5-mi), 426,271 pop. in 5-mile radius, traffic count of ±

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,000 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
1.01 AC
Zoning
R2.5

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R142496
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,521,960
  • Listing ID: 22918588

  • Date on Market: 5/4/2021

  • Last Updated:

  • Address: 7070 NE Sandy Blvd, Portland, OR 97213

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