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STNL High Exposure Small Investor Income Property

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Property Overview

Price/Rent PSF $ 455,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 1610.00
Date Available 01/05/2021
Additional URL Link
Parking 6
Floors 1
Additional parameters Show
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Description

Location
The Hazel Dell/Salmon Creek Submarket is predominantly residential with a limited office footprint. The submarket’s most-notable office buildings are generally medical office developments. Despite consistent demand and tight vacancies, new construction over the cycle has been minimal. Submarket rents are low, and annual rent growth is typically below Portland’s average. Little has sold in the current year, but the trade of two medical office buildings substantially boosted sales volume in 2018.





Sale
Fully leased office building on 99th Street. Just off of I-5. Good rent history. Redevelopment opportunity.

Location

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