Log In/Sign Up
Your email has been sent.
8535-8539 N Lombard St 8,600 SF 100% Leased Retail Building Portland, OR 97203 $2,353,314 CAD ($273.64 CAD/SF) 8% Cap Rate
Executive Summary
Rare net leased investment opportunity in the heart of St. Johns. Quality tenants and leases in place. Some leased second floor offices. Upside in finishing second floor that is unfinished. Strong Proforma CAP rate over 8%. Includes parking lot behind. Opportunity to own second building adjoining at 8525-27 N Lombard.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,600 SF
Building Class
C
Year Built
1980
Price
$2,353,314 CAD
Price Per SF
$273.64 CAD
Cap Rate
8%
NOI
$188,265 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.79
Lot Size
0.11 AC
Zoning
CS, Portland
Parking
12 Spaces (1.76 Spaces per 1,000 SF Leased)
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $572,203 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$572,203 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
8535-8539 N Lombard St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.