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13815 SW Pacific Hwy
Tigard, OR 97223
Retail Property For Sale
Executive Summary
Capacity Commercial Group is pleased to offer the extraordinary opportunity to acquire the fee simple interest in Gaarde Pacific, an unanchored, infill retail strip center in Tigard, OR. The property is poised for a value add repositioning that is expected to yield a 15.03% levered IRR over a five-year period. Investors are protected from isolated leasing and capital risks with a strong going in yield and a balanced rollover schedule of internet-resistant tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,561 SF
Building Class
B
Year Built
1986
Price
$4,862,200 CAD
Price Per SF
$420.57 CAD
Cap Rate
6.23%
NOI
$302,915 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.11 AC
Zoning
COM
Parking
71 Spaces (6.14 Spaces per 1,000 SF Leased)
Frontage
265’ on Pacific Hwy
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | R0478806 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,343,691 CAD |
Property Taxes
Parcel Number
R0478806
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,343,691 CAD
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