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402 N State St 9 163 pi² 100% Loué Commerce de détail Immeuble Lake Oswego, OR 97034 4 885 720 $ CAD (533,20 $ CAD/pi²) 5,71% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- GENERATIONAL PROPERTY - The Rogers Building has not sold for more than 50 years.
- LONG TERM TENANTS (100% LEASED) - All tenants have been at the property for a number of years, 4 of them for more than 10 years.
- EXCELLENT VALUE ADD - The existing short-term leases will allow a new owner to increase income by marking rents to market, or incorporating NNN leases
- GREAT EXPOSURE - The Rogers Building is ideally located at the entrance to downtown Lake Oswego, Portland’s most affluent suburb.
- SHORT TERM LEASES - Short leases enable owner-user investment or property redevelopment potential.
- OUTSTANDING DEMOGRAPHICS - 87,166 residents within 3-miles of the property with an average household income of $128,701.
RÉSUMÉ DE L'ANNONCE
CALL FOR OFFERS: NOVEMBER 14th, 2025
The Rogers Building is a multi-tenant retail property ideally located at the strategic entrance to downtown Lake Oswego, Oregon’s most affluent suburb. The building is truly a “Generational Asset” since it is the first time on the market in over 50 years.
The property is 100% leased to 5 tenants, 4 of whom have been at the center for more than 10 years. All of the tenants are on short-term leases which will give a new owner the opportunity to potentially occupy space as an Owner/User, or look to increase income in the short term by marking rents to market.
The Rogers Building is surrounded by numerous high-end retail tenants, restaurants, a Safeway market and the Lake Oswego City Hall. The outstanding location on the NW corner of State Street and A Avenue features a daily traffic count of 19,000+ vehicles and a Walk Score of 90 (Walker’s Paradise).
The Rogers Building is a multi-tenant retail property ideally located at the strategic entrance to downtown Lake Oswego, Oregon’s most affluent suburb. The building is truly a “Generational Asset” since it is the first time on the market in over 50 years.
The property is 100% leased to 5 tenants, 4 of whom have been at the center for more than 10 years. All of the tenants are on short-term leases which will give a new owner the opportunity to potentially occupy space as an Owner/User, or look to increase income in the short term by marking rents to market.
The Rogers Building is surrounded by numerous high-end retail tenants, restaurants, a Safeway market and the Lake Oswego City Hall. The outstanding location on the NW corner of State Street and A Avenue features a daily traffic count of 19,000+ vehicles and a Walk Score of 90 (Walker’s Paradise).
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
9 163 pi²
Classe d’immeuble
C
Année de construction
1925
Prix
4 885 720 $ CAD
Prix par pi²
533,20 $ CAD
Taux de capitalisation
5,71%
Revenu net d’exploitation
278 975 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Zonage
DD
Façade
COMMODITÉS
- Affichage
- Intersection avec signalisation
- Accessible aux fauteuils roulants
Walk Score®
Un paradis pour un marcheur (90)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 00198440 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 1 230 438 $ CAD |
Impôts fonciers
Numéro de lot
00198440
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 230 438 $ CAD
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402 N State St
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