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Portland Net Leased Cannabis Portfolio 2 Industrial Properties Offered at $2,750,000 in Portland, OR

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Investment Highlights

  • Heavily remodeled properties
  • 100% Leased/12.9% CAP RATE
  • Excellent located near PDX Airport

Executive Summary

MASSIVE 7 FIGURE PRICE REDUCTION MARCH 2026! CAP RATE NOW 12.9% FOR 100% LEASED ASSET. THIS PROPERTY HAS BEEN 100% LEASED FOR OVER 10 YEARS.
100% leased, two building, two tenant portfolio sale. Both users are cannabis cultivators with long occupancy history in the property since +/-2016. Owner is a non-related party.
SELLER FINANCING AVAILABLE
Tremendous 112.9% cap rate and 18.9% cash/cash return via available seller financing.
Property is located close to Portland airport in NE Portland, considered the "green row" for indoor cannabis growing in Oregon. Each property is on it's own individual tax lot and may be sold off separately in the future.
These buildings have both been 100% leased throughout the current owner's entire ownership history. Both buildings have HEAVY electrical, HVAC and other investments providing very sticky tenants with heavy capital investments.
Marketing flyer is attached with more info, please call for details or a tour of the facility
Thank you

Taxes & Operating Expenses (Actual - 2024)

Annual
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $398,986

Taxes & Operating Expenses (Actual - 2024)

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual -
Net Operating Income
Annual $398,986

Property Facts

Price $2,750,000
Price / SF $125.54 / SF
Cap Rate 12.91%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 21,905 SF
Total Land Area 1.52 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
East Building
8009 N Kerby Ave, Portland, OR 97217
Industrial 11,005 SF 1970 -
West Building
8120 N Albina Ave, Portland, OR 97217
Industrial 10,900 SF 1970 -
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  • Listing ID: 34579375

  • Date on Market: 1/23/2025

  • Last Updated:

  • Address: Portland Net Leased Cannabis Portfolio, Portland, OR

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