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8535-8539 N Lombard St 8,600 SF 92% Leased Retail Building Portland, OR 97203 $2,061,515 CAD ($239.71 CAD/SF) 10.03% 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 10%. 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
$2,061,515 CAD
Price Per SF
$239.71 CAD
Cap Rate
10.03%
NOI
$206,841 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.79
Lot Size
0.11 AC
Zoning
MU - Commercial Service - designed to support a blend of commercial and service-based activities.
Parking
12 Spaces (1.76 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 204 | 700 SF | Office | - | Now |
204
| Size |
| 700 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1 of 6
Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
204
| Size | 700 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
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 | $578,369 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$578,369 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
8535-8539 N Lombard St
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