786 NE Burnside Rd 1,936 SF Retail Building Gresham, OR 97030 $2,250,000 ($1,162.19/SF) 4.80% Cap Rate

Highly visible, well-maintained property in a high traffic location for sale. SELLER WILLING TO CARRY UP TO 30% of the purchase price with attractive terms. Property is currently leased to Dayspring Trailers. Zoning allows for Auto or other vehicle sales (75 parking spaces for car lot), Tap Room and Food Cart Station with retro/industrial appeal (see Flyer), previously a mechanic/Quick Lube (2 Garage doors 10'X12'); DCL zoning. Buyer to verify. The main building has been well taken care of and has a newly painted and updated exterior, updated HVAC and the property has been recently repaved. It is fully fenced. There are 4 additional moveable and removeable outbuildings and the main building has a basement useful for cold storage if converted to a bar/food cart type space and attic storage in addition to a Garage space with 2 12 foot doors that supports a hoist. The current lease is a 5-year lease, 4.5 years remaining, 5% increase per year; NNN. LESSEE IS WILLING to negotiate an earlier termination. Sale includes the main building, outbuildings, fencing, signage and land. Buyer to perform all due diligence. Buyer to participate in 1031 Exchange at no cost. Listing Agent (Melinda)related to Seller.