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, BOMA office net lease with traditional NNN pass through expenses (including management) with scheduled 3% annual base 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. • 6.12% cap rate based on 2027 projected NOI • BOMA office net lease structure • Traditional NNN expense reimbursements (including management) • 3% annual base rent increases