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711 NE Halsey St
Portland, OR 97232
Guidepost Montessori · Retail Property For Sale
Investment Highlights
- Minimal landlord expense and maintenance obligations (structure/ foundation only).
- Corporate guaranteed lease by Higher Ground Education.
- The property is surrounded by numerous office parks and retail corridors, making it an ideal location for parents who work in the vicinity.
- Higher Ground Education (HGE) is the largest Montessori school operator in the United States, with 100+ locations, and over $40M of Series E Funding.
- HGE paid full rent through COVID and never requested any concessions.
- Adjacent to the Lloyd Center shopping mall, the property is currently undergoing entitlement and lease-up processes for a massive redevelopment.
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,200 SF
Building Class
C
Year Built/Renovated
1993/2022
Tenancy
Single
Building Height
2 Stories
Building FAR
1.07
Lot Size
0.22 AC
Zoning
CX - Central Commercial
Frontage
202’ on NE Halsey St
Amenities
- Corner Lot
- Fenced Lot
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | R182324 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,396,060 |
Property Taxes
Parcel Number
R182324
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,396,060
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