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

122nd & Stark Retail Retail FOR SALE


Portland, OR - Mill Park | 
$5,200,000 USD
503-428-4525
, Portland, OR for Sale
$5,200,000 USD
Retail - FOR SALE
1/7
null | 7.5% Cap Rate
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122nd & Stark Retail
Portland, OR
Mill Park

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HIGHLIGHTS

  • High-Yield covered land play providing a 7.5% cap rate on existing income
  • 48% of NOI derives from Bank of America: S&P Rated A+ - Deposits of $106M
  • 2.69 Acres - Zoned CM2
  • 43K+ Traffic Counts directly in front of property
  • 176,000 population within 3 miles
  • Absolute Net and NNN Lease Structures

OVERVIEW

3 net-leased buildings with a total land area of 2.69 acres within CM2 zoning. 48% of income derived from Investment-Grade rated Bank of America.

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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