3323 SW Naito Pky - Office FOR SALE


Portland, OR 97239- South Portland
$2,000,000 USD
717-940-4953
3323 SW Naito Pky, Portland, OR for Sale
$2,000,000 USD
Office - FOR SALE
1/12
null | 7.05% Cap Rate

3323 SW Naito Pky
Portland, OR 97239
South Portland


HIGHLIGHTS

  • NNN Lease Through 12/31/2037
  • Contractual Rent Escalations Provide Predictable NOI Growth
  • Ideal for 1031 Exchange or Passive Income Investor
  • Attractive Going-In Yield with Future Cap Rate Expansion
  • Accredited Birth Center Operating at This Location Since 1998

OVERVIEW

This offering presents a rare opportunity to acquire a high-quality sale leaseback investment secured by a long-term, absolute NNN lease by an established tenant. This offering is ideally suited for investors seeking durable income and minimal management responsibilities of a single-tenant building. Minutes from I-5 in Portland, this property is located in a centralized and highly strategic location near major regional hospitals, including OHSU, Providence Portland, and Providence St. Vincent that provide full labor and delivery and emergency obstetric services.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$487 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,750 SF

ZONING

R1

APN/PARCEL ID

R238716

ASK ABOUT THIS PROPERTY

717-940-4953

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717-940-4953

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