5575 SE Alexander St - Warehouse FOR SALE


Hillsboro, OR 97123- Southeast Hillsboro
$4,600,000 USD
503-221-9900
5575 SE Alexander St, Hillsboro, OR for Sale
$4,600,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

5575 SE Alexander St
Hillsboro, OR 97123
Southeast Hillsboro


HIGHLIGHTS

  • 12,000 SF available for immediate owner-occupancy with expansion potential.
  • Existing rental income from two established tenants for cash flow stability.
  • Located with direct access to Tualatin Valley Highway and major arterials.
  • Recent upgrades include new office finishes, windows, and parking lot paving.
  • Four grade-level loading doors support efficient logistics and operations
  • Low-vacancy industrial submarket ensures strong long-term market positioning.

OVERVIEW

5575 SE Alexander Street in Hillsboro presents a rare owner-user opportunity with supplemental income from in-place tenants. This 23,000 SF industrial facility sits on 1.87 acres within an established industrial park, offering flexible space with approximately 12,000 SF available for occupancy and 11,000 SF leased to strong tenants. The property features a concrete wainscot metal building design, four grade-level doors, and a functional combination of warehouse and office space. Located near Tualatin Valley Highway with immediate access to major amenities and transit corridors, this asset provides excellent connectivity for distribution and operations. Recent improvements include new office finishes, window upgrades, and parking lot resurfacing. Positioned in a low-vacancy Hillsboro submarket, this property gives buyers the ability to occupy space now, capture existing rental revenue, and plan for future expansion as leases roll, creating both operational flexibility and long-term investment security.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.87

LAND SF

81,457

ZONING

PUD M-P

APN/PARCEL ID

R1430491

ASK ABOUT THIS PROPERTY

Cliff Finnell, SIORKidder MathewsMore Info
503-221-9900

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

Cliff Finnell, SIORKidder MathewsMore Info
503-221-9900

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