7170-7180 SW Beaverton-Hillsdale Hwy | Portland, OR 97225
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- LoopNet Team
7170-7180 SW Beaverton-Hillsdale Hwy
Portland, OR 97225
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate 7-Eleven (S&P AA-) with more than 6 years remaining on the lease.
- Tenant is open to discussing lease buyout options providing owner-user flexibility in delivering premises.
- Hard corner of Beaverton Hillsdale Highway and Scholls Ferry, exposed to combined traffic counts of 39,400 VPD.
- 7-Eleven is liable for existing lease and pursuing sublet opportunities resulting in lower tenant acquisition costs to owner.
- Near-term 10% rent bump in 2021 increases yield approximately 70 basis points.
- Affluent, high-density surrounding residential with over 350,000 residents within a 5-mile radius, earning over $122,000 annually.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,548 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.19 AC
Zoning
CBD - Community Business District
Parking
10 Spaces (3.92 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
PROPERTY TAXES
| Parcel Number | R0094524 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $441,870 |
PROPERTY TAXES
Parcel Number
R0094524
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$441,870
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