3636 NE Broadway St - Office FOR SALE


Portland, OR 97232- Grant Park
$2,675,000 USD
503-887-5100
3636 NE Broadway St, Portland, OR for Sale
$2,675,000 USD
Office - FOR SALE
1/17
null | Request Cap Rate

3636 NE Broadway St
Portland, OR 97232
Grant Park


OVERVIEW

3636 NE Broadway Street presents a covered land investment opportunity in Portland’s Hollywood District, located on a prominent signalized corner with excellent visibility and access near I-84 and public transit. The property is improved with a ±6,275 SF, single-tenant office building on a ±27,158 SF lot and is fully leased to a mission-driven nonprofit organization under a long-term, triple-net lease with scheduled rent increases, providing predictable interim cash flow and simplified ownership. Zoned CM3, the site allows for a wide range of future commercial and mixed-use redevelopment scenarios, offering long-term upside while the existing income stream offsets holding costs.

FOR SALE DETAILS

PRICE

$2,675,000 USD

PRICE/SF

$381 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

CM3

APN/PARCEL ID

R175515

ASK ABOUT THIS PROPERTY

Adam BeanDoug Bean & Associates, Inc.More Info
503-887-5100

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

Adam BeanDoug Bean & Associates, Inc.More Info
503-887-5100

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