576 NE Burnside Rd - Retail FOR SALE


Gresham, OR 97030- Downtown Gresham
$6,000,000 USD
503-661-8000
576 NE Burnside Rd, Gresham, OR for Sale
$6,000,000 USD
Retail - FOR SALE
1/2
null | 6.4% Cap Rate

576 NE Burnside Rd
Gresham, OR 97030
Downtown Gresham


HIGHLIGHTS

  • Two Buildings Total SF 23,010
  • Two Tax Lots, 2.14 Acres
  • 100% Leased, NN Leases

OVERVIEW

This well maintained and fully leased center offers an excellent investment opportunity. Located on NE Burnside, a main Gresham East/West throughway to Mount Hood and recreational areas to the East. Burnside has been the location of choice for many National and Regional brands due to the high volume of local and pass through traffic. The Center has a mix of well established larger businessses and several smaller square foot retail spaces centered on local economic requirements. 100% Leased. NNN Leases. Updated systems and interiors. Sign monument on NE Burnside. Traffic count on Burnside 25,912 Daily.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kelly Square

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

-

APN/PARCEL ID

R337435

ASK ABOUT THIS PROPERTY

Sue O'HalloranKohler Meyers O'HalloranMore Info
503-661-8000

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Sue O'HalloranKohler Meyers O'HalloranMore Info
503-661-8000

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