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Anthem Church Building 1415 NE 223rd Ave 31,148 SF 100% Leased Flex Building Fairview, OR 97024 $6,807,080 CAD ($218.54 CAD/SF) 6.27% Cap Rate



Investment Highlights
- Great Owner\User opportunity
- Originally built as a Bally's Fitness
- Designed to be ±62,000 SF 2-story office
- Zoning: Town Center Commercial
- Unique opportunity for headquarters, educational, athletic or assembly space
Executive Summary
Available For Sale or Lease
± 31,148 SF | ± 6,500 SF Vacant for Lease
• Frontage on NE 223rd Avenue
• Easy Access to I-84/205
• Located within the opportunity zone
• Located on Trimet Bus Line
± 31,148 SF | ± 6,500 SF Vacant for Lease
• Frontage on NE 223rd Avenue
• Easy Access to I-84/205
• Located within the opportunity zone
• Located on Trimet Bus Line
Property Facts
| Price | $6,807,080 CAD | Lot Size | 3.18 AC |
| Price Per SF | $218.54 CAD | Rentable Building Area | 31,148 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.27% | Year Built | 1998 |
| Property Type | Flex | Parking Ratio | 6.84/1,000 SF |
| Property Subtype | Flex | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | TCC, Fairview - TCC (Town Center Commercial) - a land-use designation designed to create a "heart" for the community, focusing on a pedestrian-friendly, mixed-use business center | ||
| Price | $6,807,080 CAD |
| Price Per SF | $218.54 CAD |
| Sale Type | Investment |
| Cap Rate | 6.27% |
| Property Type | Flex |
| Property Subtype | Flex |
| Building Class | B |
| Lot Size | 3.18 AC |
| Rentable Building Area | 31,148 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 6.84/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | TCC, Fairview - TCC (Town Center Commercial) - a land-use designation designed to create a "heart" for the community, focusing on a pedestrian-friendly, mixed-use business center |
Amenities
- Bus Line
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R321937 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,053,359 CAD |
Property Taxes
Parcel Number
R321937
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,053,359 CAD
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Anthem Church Building | 1415 NE 223rd Ave
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