1972 W Burnside St - Freestanding FOR SALE
Portland, OR 97209 |
1972 W Burnside St
Portland, OR 97209
HIGHLIGHTS
- Trophy location at the nexis of NW Portland, Goose Hollow and Uptown across the street from Providence Park
- The property is a 19,200 square foot lot with a large parking lot and 7,591 SF retail building.
- The building is 25% occupied by Next Level Burger with 5,722 square feet of space available for lease.
- In-place NNN leases are generating over $7,500 in monthly rent.
- The site is zoned Central Commercial (CX), with a base FAR with bonuses of 7:1, and unlimited allowable FAR transfers within the zoning height limits.
- Highly sought-after retail space with market rents upwards of $50/SF NNN.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Stadium Retail
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
7591
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
R316781
