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Suite A 1190 NE Division St 12,096 SF Industrial Building Gresham, OR 97030 $3,632,973 CAD ($300.35 CAD/SF) 7% Cap Rate
Investment Highlights
- 7.0% Cap rate
- Industrial/flex building
- Strong tenant in place
- High traffic area with major business nearby
Executive Summary
This 1.21 Acre lot has a 12,091 SF single-tenant Industrial/Flex building offered at $2,592,000 (7.0% cap). NNN Lease with a strong in-place tenant, 3 years remaining plus a 2-year renewal option. High traffic area with many large companies nearby.
Please do not disturb tenants. Contact Ethan Suk at 503-791-1986 to schedule a showing M-F, 9am - 5pm with 24 hours notice. Email Admin@BradleyKingCRE.com to get additional Buyer information.
Please do not disturb tenants. Contact Ethan Suk at 503-791-1986 to schedule a showing M-F, 9am - 5pm with 24 hours notice. Email Admin@BradleyKingCRE.com to get additional Buyer information.
Property Facts
| Price | $3,632,973 CAD | Lot Size | 1.20 AC |
| Price Per SF | $300.35 CAD | Rentable Building Area | 12,096 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7% | Year Built | 1973 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | DEM - Downtown Employment Mid-Rise, a mixed-use land-use district | ||
| Price | $3,632,973 CAD |
| Price Per SF | $300.35 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.20 AC |
| Rentable Building Area | 12,096 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | DEM - Downtown Employment Mid-Rise, a mixed-use land-use district |
Amenities
- Fenced Lot
- Signage
- Storage Space
Utilities
- Lighting
- Water
- Sewer
- Heating
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,837,009 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,837,009 CAD
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Suite A | 1190 NE Division St
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