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Canyon Grill Investment Sale 8825 SW Canyon Rd 578 SF 100% Leased Retail Building Portland, OR 97225 $394,000 ($681.66/SF) 7% Cap Rate
Investment Highlights
- Highly visible single tenant net lease investment
- Tenant is very committed and has been at the location since 2007
- Leased through January 2028 with one 7-year renewal and 3% annual increases
- Building was originally Portland's very first Dairy Queen location with lots of history
Executive Summary
Net-Leased Retail Investment in Portland
Committed Tenant | Highly Visible Location
Building Size: ± 578 SF
Sale Price: $394,000 ($683/SF)
CAP Rate: 7.0%
NOI: $27,600
Tenant: Canyon Grill
Committed Tenant | Highly Visible Location
Building Size: ± 578 SF
Sale Price: $394,000 ($683/SF)
CAP Rate: 7.0%
NOI: $27,600
Tenant: Canyon Grill
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
578 SF
Building Class
C
Year Built
1958
Price
$394,000
Price Per SF
$681.66
Cap Rate
7%
NOI
$27,580
Percent Leased
100%
Building Height
1 Story
Building FAR
0.44
Lot Size
0.03 AC
Zoning
CS - Customer Service
Amenities
- 24 Hour Access
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Canyon Grill
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Canyon Grill | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R0070096 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $97,090 |
Property Taxes
Parcel Number
R0070096
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$97,090
Contacts
-
Riley Henderson -
Nicholas Diamond -
Michael Horter -
Capacity Commercial Group LLC
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Presented by
Canyon Grill Investment Sale | 8825 SW Canyon Rd
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