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Westlawn Professional Office Building 13370 NW Westlawn Ter 22,806 SF 100% Leased Office Building Portland, OR 97229 $9,343,553 CAD ($409.70 CAD/SF) 5% Cap Rate
Executive Summary
This property has both a 22,000SF+ commercial office building as well as 12 unit apartment building in excellent SW Washington county location. Great opportunity for an investor! Solid condition. Please Do not disturb the tenants. Apartments Fully occupied. Office is 100% occupied. Write offers subject to interior inspection. Great upside potential! Original owners-first time on the market! Diversify your real estate portfolio with one investment! Please note that the financial data provided here represents both 13370 NW Westlawn Ter (Apartments) and 1225 NW Murray Blvd (Office).
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
22,806 SF
Building Class
C
Year Built
1978
Price
$9,343,553 CAD
Price Per SF
$409.70 CAD
Cap Rate
5%
NOI
$467,471 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,403 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
1.82 AC
Zoning
TO:BUS
Parking
25 Spaces (1.1 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R0971540 | Improvements Assessment | $0 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Total Assessment | $5,504,422 CAD (2026) |
Property Taxes
Parcel Number
R0971540
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$5,504,422 CAD (2026)
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Westlawn Professional Office Building | 13370 NW Westlawn Ter
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