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7505 NE Ambassador Pl
Portland, OR 97220
PDX Junction · Flex Property For Sale
·
97,383 SF Total
INVESTMENT HIGHLIGHTS
- High Quality Multi-Tenant Flex-Industrial/Office Business Park
- Recent Leasing Momentum
- Abundant Amenities – Directly adjacent to Cascade Station
- Ample On-Site Parking - 341 surface parking spaces (3.5/1,000 SF)
- Accommodating Logistical Location – Adjacent to Portland International Airport with access to Interstate 205
- Favorable Ground Lease Structure – Prepaid until maturity (2045), with two consecutive 10-year renewal options
EXECUTIVE SUMMARY
PDX Junction is a four-building single-story flex-industrial business park located in Portland, Oregon, within the Portland Airport submarket. The buildings offer tenants a robust combination of light warehouse/showroom and office space as well as immediate proximity to walkable retail shopping and dining amenities and the TriMet MAX light rail transportation system. The historically well-maintained and professionally managed asset is 87% leased to a mix of public and private tenants and offers an investor reliable income with more than four years of remaining weighted-average-lease-term (WALT). The Property is subject to a favorable ground lease with the Port of Portland that is prepaid until 2045 with ultimate maturity in 2065.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 97,383 SF |
| Number of Properties | 4 | Total Land Area | 7.18 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 97,383 SF |
| Total Land Area | 7.18 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7505 NE Ambassador Pl, Portland, OR 97220 | Flex | 28,107 SF | 1990 | - |
| 7515 NE Ambassador Pl, Portland, OR 97220 | Flex | 24,472 SF | 1990 | - |
| 7535 NE Ambassador Pl, Portland, OR 97220 | Flex | 22,422 SF | 1990 | - |
| 7525 NE Ambassador Pl, Portland, OR 97220 | Flex | 22,382 SF | 1990 | - |
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