348 SE 10th Ave - Freestanding FOR SALE


Hillsboro, OR 97123- Downtown Hillsboro
$1,800,000 USD
503-227-2500
348 SE 10th Ave, Hillsboro, OR for Sale
$1,800,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

348 SE 10th Ave
Hillsboro, OR 97123
Downtown Hillsboro


HIGHLIGHTS

  • Leased through July 31, 2037
  • Extension Options through July 31, 2047
  • Strong rent increases
  • Below Market Rent
  • Successful Sherwin-Williams location for decades

OVERVIEW

The property is located in the vibrant core of Hillsboro, Oregon on the corner of SE 10th and Oak Street. This prime retail location is visible and accessible from one of the primary vehicle routs from the South Hillsboro expansion area; with an expected 8,000 new homes and 20,000 new residents. Sherwin-Williams is a long term tenant and recently committed to a long term lease extension through July of 2037.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

SCC-DT

APN/PARCEL ID

R0323046

ASK ABOUT THIS PROPERTY

Joe CurranMacadam Forbes, Inc.More Info
503-227-2500

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

Joe CurranMacadam Forbes, Inc.More Info
503-227-2500

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