4840 NE Sandy Blvd - Office FOR SALE


Portland, OR 97213- Rose City Park
$2,700,000 USD
503-860-3267
4840 NE Sandy Blvd, Portland, OR for Sale
$2,700,000 USD
Office - FOR SALE
1/8
null | 5.46% Cap Rate

4840 NE Sandy Blvd
Portland, OR 97213
Rose City Park


HIGHLIGHTS

  • $800,000 in tenant specific improvements
  • stable medical anchor tenant
  • built in NOI growth

OVERVIEW

The NE Sandy Office Complex offers investors a rare opportunity to acquire a boutique medical/office asset anchored by Columbia Oral Surgery & Implants (lease entity: U.S. Oral Surgery Management, LLC). The property features a stable, professional tenant mix with contractual rent increases, expense reimbursement structure, and strong street visibility along the NE Sandy Blvd corridor.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

5.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,025 SF

ZONING

RM2

APN/PARCEL ID

R259452

ASK ABOUT THIS PROPERTY

John GibsonCommercial Black LLCMore Info
503-860-3267

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John GibsonCommercial Black LLCMore Info
503-860-3267

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