11642 SW Pacific Hwy - Freestanding FOR SALE


Tigard, OR 97223- Tigard Triangle
$1,815,000 USD
503-227-2500
11642 SW Pacific Hwy, Tigard, OR for Sale
$1,815,000 USD
Freestanding - FOR SALE
1/6
null | 6.08% Cap Rate

11642 SW Pacific Hwy
Tigard, OR 97223
Tigard Triangle


HIGHLIGHTS

  • Multi-tenant investment opportunity
  • 66% occupied
  • Underdeveloped property for potential additional building
  • Upside income potential with additional leasing

OVERVIEW

Multi-tenant investment opportunity with great Westside location. The property consists of 6,980 SF building (two levels) on approximately 0.78 acres of property. The rear of the property is excess land that could be developed into an additional structure, or parking. The building is currently 66% occupied, allowing an investor additional upside with future leasing. The vibrant city of Tigard, Oregon, show potential for Retail and Street Retail investors. Nestled along SW Pacific Highway, the area offers high visibility and significant foot traffic, ideal for retail businesses. Nearby, two of the most successful malls Washington Square and Bridgeport Village boasts a diverse mix of shops and restaurants, drawing in both locals and visitors. The area is surrounded by affluent neighborhoods, providing a strong customer base. With its strategic location and access to amenities, Tigard presents an exciting opportunity for retail investors looking to establish a presence in a dynamic and thriving community.

FOR SALE DETAILS

PRICE

$1,815,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

6.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C-G

APN/PARCEL ID

R0285168

ASK ABOUT THIS PROPERTY

Rhys KonradMacadam Forbes, Inc.More Info
503-227-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Rhys KonradMacadam Forbes, Inc.More Info
503-227-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.