2911 E Portland Rd - Office FOR SALE


Newberg, OR 97132
$1,995,000 USD
503-740-9200
2911 E Portland Rd, Newberg, OR for Sale
$1,995,000 USD
Office - FOR SALE
1/42
null | Request Cap Rate

2911 E Portland Rd
Newberg, OR 97132


HIGHLIGHTS

  • Fully leased, well-maintained office/retail complex for sale in Newberg
  • Premier location along busy Portland Rd (99W) in the heart of Newberg's commercial trade area
  • This investment property consists of 5 individual buildings that all have long-term tenants in place
  • Four professional office users and one retail tenant make up the tenant mix
  • Located on Pacific Highway W, near McDonald’s, Newberg Chrysler Dodge Jeep Ram, Newberg Chevrolet, Fred Meyer, Providence Newberg, etc.

OVERVIEW

This is a great investment opportunity in Newberg that doesn't come around often! This is a fully leased, well-maintained office/retail complex for sale in Newberg; four professional office users and one retail tenant make up the tenant mix. The retail store has a drive-through window. All five buildings include long-term tenants, some who have been there for 10+ years. Property has great visibility as it's located along Pacific Highway W, near McDonald’s, Newberg Chrysler Dodge Jeep Ram, Newberg Chevrolet, Sherwin Williams, Fred Meyer, Black Bear Diner, Bi-Mart, Springbrook Plaza Shopping Center, Newberg Veterinary Hospital, Safeway, Fernwood Grange Community Center, and Providence Newberg Medical Center. Broker-accompanied tour of the exterior of the property only until there is an accepted offer. Do not disturb the tenants. Call listing brokers for more information.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Convenience Store, Fast Food, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

C2

APN/PARCEL ID

29294

ASK ABOUT THIS PROPERTY

Mary Martin Miller, CCIMMiller Consulting Group LLCMore Info
503-740-9200

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Mary Martin Miller, CCIMMiller Consulting Group LLCMore Info
503-740-9200

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