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7201 N Interstate Ave 48,420 SF Office Building Portland, OR 97217 $5,300,000 ($109.46/SF)
Investment Highlights
- Fair Market Value
- Short-Term Sale Leaseback Opportunity
- Ideal Owner-User Investment
- Ample Parking
Executive Summary
CBRE, as exclusive advisor, is pleased to present 7201 N Interstate Ave, a low-rise office building with high visibility. Located just off of I-5, easy access and ample parking allow owner-users to accommodate business demand and efficient operations. This offering includes one 48,420 SF office building with on-site parking and two additional parking lots across the street.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
48,420 SF
Building Class
C
Year Built
1976
Price
$5,300,000
Price Per SF
$109.46
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
24,210 SF
Building FAR
1.15
Lot Size
0.97 AC
Zoning
CM3d - Commercial Mixed-Use
Parking
163 Spaces (3.37 Spaces per 1,000 SF Leased)
Amenities
- Bio-Tech/ Lab Space
- Bus Line
- Commuter Rail
- Signage
- Wheelchair Accessible
- Reception
- Partitioned Offices
- Wi-Fi
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R313397 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,844,750 |
Property Taxes
Parcel Number
R313397
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,844,750
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