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12255-12297 SW Main St 10,000 SF 100% Leased Retail Building Tigard, OR 97223 $3,622,412 CAD ($362.24 CAD/SF) 6% Cap Rate

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EXECUTIVE SUMMARY

The Johnson Building offers approximately 10,000 square feet of fully leased, multi-tenant space in the heart of downtown Tigard. With strong visibility, steady foot traffic, and a diverse mix of local tenants, the property generates stable in-place income at a 6.0% cap rate. On-site parking, direct transit access, and a central Main Street location enhance its long-term appeal, while future rent growth and redevelopment potential provide additional upside.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
B
Year Built
1950
Price
$3,622,412 CAD
Price Per SF
$362.24 CAD
Cap Rate
6%
NOI
$217,345 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
CBD
Parking
22 Spaces (1 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Krav Maga
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Jan 0000
  • Ultra Botanicals
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Krav Maga Professional, Scientific, and Technical Services - - - Jan 0000
Ultra Botanicals Retailer - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Dutch Bros
Starbucks
Chase Bank
KeyBank
Winco Foods
Natural Grocers
Baja Fresh
Planet Fitness Northwest Office
Dotty's
Umpqua Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0461477
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,332,841 CAD
  • Listing ID: 36994270

  • Date on Market: 2025-07-29

  • Last Updated:

  • Address: 12255-12297 SW Main St, Tigard, OR 97223

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