16725 SE McLoughlin Blvd - Convenience Store FOR SALE


Milwaukie, OR 97267- Milwaukie Heights
$1,575,000 USD
503-936-2177
16725 SE McLoughlin Blvd, Milwaukie, OR for Sale
$1,575,000 USD
Convenience Store - FOR SALE
1/11
null | 4.11% Cap Rate

Jan '27


16725 SE McLoughlin Blvd
Milwaukie, OR 97267
Milwaukie Heights


HIGHLIGHTS

  • 197' of Frontage on busy road
  • Ample parking both front and rear
  • Flexible floorplans

OVERVIEW

(3) buildings, fully leased. 7380 of rentable space. Leases renew from 30 days (MTM tenant) to 2030 depending on space. Currently (4) tenants including convenience store (anchor). ample parking with front and rear lots, 197' frontage to McLoughlin Blvd (Hwy 99) and cross street Naef with signal. Lot access from both roads. High traffic location. Minimal landscape needs. Lot size 34,412 sf. Zoning C3 per public record. For owner-occupied use: one smaller space (currently MTM) could be vacated quickly for owner-occupied use, more spaces renewing in the next 18 months. Property holds potential for both owner occupied and investment applications- occupy part and enjoy rental income from the space you are not using. For investors: All current rents comparatively low- buyers to determine future rates with due diligence. Great frontage and visibility make this space desirable to tenants. Room for income growth in the next two years. DND tenants. Feel free to drive thru the parking lots and see the buildings and lots. Copies of leases and interior inspections will be provided with signed purchase agreement. This is a great opportunity you don't want to miss!

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$632 USD /SF

CAP RATE

4.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

C3

APN/PARCEL ID

00291776

ASK ABOUT THIS PROPERTY

Mark ChristiansonMarkus PropertiesMore Info
503-936-2177

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Mark ChristiansonMarkus PropertiesMore Info
503-936-2177

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