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Executive Summary

Available Space for Lease or Sale:
± 46,995 SF situated on ± 3.5 acres
Sale Price: $7,800,000
Lease Rate: $39,000/Month + NNNs
Available January 1, 2027
Property Highlights
• Centrally Located to I-5, I-84 Junction, and 405 Freeways
• Drive Through and Drive Around Capability for the Property
• Extensive Electrical Distributed Throughout the Building
• Existing 2 & 3 ton Bridge Cranes
• Epoxy Floors - Professionally Maintained
• New TPO Roof - 07/2023
• Corporate Image and Desirable Location
• Currently in use by Daimler Trucks N.A.
• Secure Yard, Ideal for Trucks and Equipment Storage
• Multiple Ingress/Egress on N. Lagoon Ave and N. Channel Ave.
• Rare Opportunity to Purchase or Lease

Property Facts

Price $10,873,824 CAD
Price Per SF $231.38 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 3.50 AC
Rentable Building Area 46,995 SF
No. Stories 1
Year Built 1965
Tenancy Single
Parking Ratio 1.56/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 4
Zoning M2

Amenities

  • Bus Line
  • Signage

Utilities

  • Lighting

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 46,995 SF
  • Industrial
  • -
  • Jan 2027

± 46,995 SF situated on ± 3.5 acres ± 1.44 Acres, Paved and Fenced Warehouse: 22,540 SF 1st Floor Office: 20,962 SF 2nd Floor Office: 2,672 SF Shop Office: 821 SF

Space Size Space Use Build-Out Available
1st Floor 46,995 SF Industrial - Jan 2027

1st Floor

Size
46,995 SF
Space Use
Industrial
Build-Out
-
Available
Jan 2027

1st Floor

Size 46,995 SF
Space Use Industrial
Build-Out -
Available Jan 2027

± 46,995 SF situated on ± 3.5 acres ± 1.44 Acres, Paved and Fenced Warehouse: 22,540 SF 1st Floor Office: 20,962 SF 2nd Floor Office: 2,672 SF Shop Office: 821 SF

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R315938
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,931,710 CAD
  • Listing ID: 41722129

  • Date on Market: 2026-08-12

  • Last Updated:

  • Address: 5411 N Lagoon Ave, Portland, OR 97217

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