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INVESTMENT HIGHLIGHTS
- Leased through July 31, 2037
- Strong rent increases
- Successful Sherwin-Williams location for decades
- Extension Options through July 31, 2047
- Below Market Rent
EXECUTIVE SUMMARY
The property is located in the vibrant core of Hillsboro, Oregon on the corner of SE 10th and Oak Street. This prime retail location is visible and accessible from one of the primary vehicle routs from the South Hillsboro expansion area; with an expected 8,000 new homes and 20,000 new residents.
Sherwin-Williams is a long term tenant and recently committed to a long term lease extension through July of 2037.
Sherwin-Williams is a long term tenant and recently committed to a long term lease extension through July of 2037.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,900 SF
Building Class
C
Year Built
1997
Price
$2,512,656 CAD
Price Per SF
$364.15 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.39 AC
Zoning
SCC-DT - City of Hillsboro
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R0323046 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,138,877 CAD |
PROPERTY TAXES
Parcel Number
R0323046
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,138,877 CAD
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348 SE 10th Ave
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