3031 SE Powell Blvd - Freestanding FOR SALE
Portland, OR 97202 |
3031 SE Powell Blvd
Portland, OR 97202
HIGHLIGHTS
- Excellent opportunity to acquire Portland, Oregon’s first “small format” Target, which aims to bring the best of the Bullseye to urban neighborhoods.
- This former bowling alley was redeveloped in 2018 with a new roof, building expansion, full seismic upgrade, and electrical, plumbing, and HVAC.
- This single-tenant NNN-leased investment features a 10-year initial term, six 5-year extension options, and minimal landlord responsibilities.
- Easily reach 214K residents in a 3-mile radius, with an average household income of over $101K and a consumer spending total of $3.3 billion.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Target
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
31954
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
89
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
R298807
