Building C 11501 SW Amu St 73,000 SF 100% Leased Industrial Building Tualatin, OR 97062 $28,256,009 CAD ($387.07 CAD/SF) 6.70% Cap Rate

This outstanding and fully leased flex/industrial building is located in the Hedges Creek Business Park in the heart of Tualatin, Oregon. It is next to La Industria Restaurant, a thriving local eatery.
Perlo Construction, the metro area's signature industrial contractor, constructed the building and is its immediate neighbor. The surrounding area is the recipient of the bulk of the region's transportation infrastructure spending. A new north-south bypass was just completed, to which this property enjoys immediate access. SW Tualatin-Sherwood Road, the connection to Interstate 5, is undergoing major improvements, including additional lanes, bike paths, and improved signalization.
The Hedges Creek Business Park has a fully signalized intersection (SW Tualatin-Sherwood Road & 112th Avenue), complete with dedicated turn lanes for easy ingress and egress to SW Tualatin-Sherwood Road. Tualatin is the Portland Metro area's largest industrial/commercial submarket. It has become a "mature" market with little to no available land for new development. It has exploded in the last two years with businesses fleeing Multnomah County and the City of Portland. Tualatin is part of the South I-5 corridor market. Its neighboring cities are the economic engine of Washington County, the fastest-growing county in the state and the second largest in terms of employment. Major employers in the county include Intel, Columbia Sportswear, Nike, and Lam Research.