Retail Space /OR /Portland /
Retail Space /OR /Portland /

122nd & Stark Retail Sale Retail FOR SALE


Portland, OR - Mill Park | 
$4,300,000 USD
503-428-4525
, Portland, OR for Sale
$4,300,000 USD
Retail - FOR SALE
1/1
null | 9.07% Cap Rate
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122nd & Stark Retail Sale
Portland, OR
Mill Park

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HIGHLIGHTS

  • High-yield covered land play providing a 9.07% cap rate on existing income
  • 48% of NOI derives from Bank of America, Investment-Grade credit rating of A+ (S&P) - Deposits of $106M
  • CM2 Zoning allows for variety of future development options (Multi-Family, Retail, Medical, and Office)
  • Exceptional traffic counts of 43K+ directly in front of the property
  • Dense residential area with a population over 176,000 within 3 miles
  • Absolute Net and NNN lease structures in place

OVERVIEW

High Yield Covered Land Play. $37/SF on Land, 9.07% Cap on In-Place Income

ASK ABOUT THIS PROPERTY

Lance SasserKidder MathewsMore Info
503-428-4525

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Lance SasserKidder MathewsMore Info
503-428-4525

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