Office Space /OR /Multnomah County /Portland /323-325 NW 13th Ave
Office Space /OR /Multnomah County /Portland /323-325 NW 13th Ave

323-325 NW 13th Ave - Office CONDO FOR SALE


Portland, OR 97209- Pearl | 
$2,087,000 USD
503-222-2655
323-325 NW 13th Ave, Portland, OR for Sale
$2,087,000 USD
Office CONDO - FOR SALE
1/7
null | 7% Cap Rate
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323-325 NW 13th Ave
Portland, OR 97209
Pearl

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HIGHLIGHTS

  • Mediterranean Exploration Company has leased the space since 2014
  • MEC Recommitted with a New 5-Year Lease, Thru March 31, 2031
  • Vibrant Pearl District is Home to Many Notable Retailers, Employers, and Residential Apartments and Condos

OVERVIEW

Single Tenant NNN Leased Investment Opportunity in Portland's Pearl District 100% Leased | High Profile Restaurant Rentable SF: 3,306 SF Sale Price: $2,087,000 ($631/SF) CAP Rate: 7.0% Tenant: Mediterranean Exploration Company

FOR SALE DETAILS

PRICE

$2,087,000 USD

PRICE/SF

$631 USD /SF

CAP RATE

7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Block 90 NNN Leased Investment

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

48,058 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

EXD

APN/PARCEL ID

R619247,R619248,R619249,R619250,R619251,R619252,R619256,R619258

ASK ABOUT THIS PROPERTY

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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