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Tigard Distribution Center 8001 SW Hunziker 121,225 SF 100% Leased Industrial Building Tigard, OR 97223 $21,500,000 ($177.36/SF) 5% Cap Rate
Investment Highlights
- 124,468 SF building - 2 units - 100% occupancy
- Under-rented relative to the I-5 corridor location
- Abundant and lighted parking lot and yard
- Building and monument signage
- Under market expenses
- Visible from Hwy 217
Executive Summary
The property consists of two industrial buildings located in the heart of Oregon's strongest commercial and industrial submarket. The properties are leased to quality tenants with established operating histories, providing investors with stable cash flow in one of the region's most sought-after industrial locations.
Unit 8005 has extensive improvements at the dock, including mechanical load levelers, trailer locks, curtains, bollards, and status lights at each dock door. All loading is covered by canopies. Both buildings have storefront offices with abundant parking and/or yard area. The Yard area is well-lit and inherently secure, with access to the site. There is a monument sign, and signage is available on both buildings.
Unit 8005 has extensive improvements at the dock, including mechanical load levelers, trailer locks, curtains, bollards, and status lights at each dock door. All loading is covered by canopies. Both buildings have storefront offices with abundant parking and/or yard area. The Yard area is well-lit and inherently secure, with access to the site. There is a monument sign, and signage is available on both buildings.
Property Facts
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Biamp Systems LLC
- -
-
99,999 SF
- -
- -
- Matthews International Corporation
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Biamp Systems LLC | - | 99,999 SF | - | - | ||
| Matthews International Corporation | - | 99,999 SF | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R0458686 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,695,250 |
Property Taxes
Parcel Number
R0458686
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,695,250
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Contact the Sale Advisor
Tigard Distribution Center | 8001 SW Hunziker