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5833 NE Portland Hwy 7,500 SF Flex Building Portland, OR 97218 $2,344,198 CAD ($312.56 CAD/SF) 7.20% Cap Rate
Investment Highlights
- NewTPO roof, 3 phase power, new updates last 4 years.
Executive Summary
Minutes from I-205, PDX airport. 3 phase power! New TPO roof and gutters in 2024, new asphalt, new carpet and much more! New interior and exterior paint in 2024. 28 foot height in warehouse, double cargo doors. Per city, up to 4 retail uses allowed at location. 3 private bathrooms, kitchen, large picture windows provide natural lighting, high ceilings at entry. Additional storage space in attic (not currently counted in square footage). Level, fenced yard.
Occupied. NEW TPO ROOF! 3 phase power just recently installed! Need to schedule appointment. Property rented at $10,200 (3 year lease) NNN per month. 3 phase power! Tenant pays $10,200 a month.
Occupied. NEW TPO ROOF! 3 phase power just recently installed! Need to schedule appointment. Property rented at $10,200 (3 year lease) NNN per month. 3 phase power! Tenant pays $10,200 a month.
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 |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,344,198 CAD | Rentable Building Area | 7,500 SF |
| Price Per SF | $312.56 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1983/2024 |
| Cap Rate | 7.20% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 3.07/1,000 SF |
| Building Class | C | Clear Ceiling Height | 28’ |
| Lot Size | 0.37 AC | ||
| Zoning | IG2 - Store Front/Warehouse/ Car Dealership Child Day Care, UPS/Fedex Store/location Wedding & Event Center! | ||
| Price | $2,344,198 CAD |
| Price Per SF | $312.56 CAD |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.37 AC |
| Rentable Building Area | 7,500 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1983/2024 |
| Tenancy | Single |
| Parking Ratio | 3.07/1,000 SF |
| Clear Ceiling Height | 28’ |
| Zoning | IG2 - Store Front/Warehouse/ Car Dealership Child Day Care, UPS/Fedex Store/location Wedding & Event Center! |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R197692 | Total Assessment | $337,013 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
R197692
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$337,013 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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5833 NE Portland Hwy
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