Value-Add Multi-Tenant Office | 40% Leased | Owner-User + Lease-Up Opportunity
Multi-tenant office investment opportunity located along SW Pacific Hwy in Tigard’s MU-CBD corridor. The 5,068 SF building is configured into five suites, with two leased units providing in-place income and three suites available for owner-user occupancy or lease-up, positioning the asset for both income and value creation. ±40,000 vehicles per day exposure on SW Pacific Hwy with prominent signage on building.
Suite Highlights:
Suite 1 (1,172 SF): Former chiropractic suite with reception, granite counter tops, natural wood paneled ceilings and wainscoting. Six private offices, kitchenette, and strong natural light in each office. Turnkey ready for medical use.
Suite 3 (875 SF): Medical/professional layout with five offices, reception, laundry, and quartz finishes.
Suites 1 & 3 can be combined into ±2,047 SF or function independently with separate entrances.
Suites 2 (985 SF) and Suite 4 (820 SF) are currently leased with long-tenured tax professional and an established massage practice, providing immediate income.
Suite 5 (1,188 SF): Finished basement with three offices, large entry area, sink, laundry hookup, and storage
Built 1964, updated 2021. Each suite has dual entrances, individually updated and ground level includes higher-capacity HVAC. Natural stone facade with wood siding painted in 2022, and individually metered electric service per unit.
MU-CBD zoning permits medical, professional office, retail, and residential uses, providing long-term development optionality rarely available in this submarket.