8001 SW Hunziker - Distribution FOR SALE


Tigard, OR 97223- Downtown Tigard
$21,500,000 USD
503-227-2500
8001 SW Hunziker, Tigard, OR for Sale
$21,500,000 USD
Distribution - FOR SALE
1/14
null | 5% Cap Rate

8001 SW Hunziker
Tigard, OR 97223
Downtown Tigard


HIGHLIGHTS

  • 124,468 SF building - 2 units - 100% occupancy
  • Building and monument signage
  • Under-rented relative to the I-5 corridor location
  • Under market expenses
  • Abundant and lighted parking lot and yard
  • Visible from Hwy 217

OVERVIEW

The property consists of two industrial buildings located in the heart of Oregon's strongest commercial and industrial submarket. The properties are leased to quality tenants with established operating histories, providing investors with stable cash flow in one of the region's most sought-after industrial locations. Unit 8005 has extensive improvements at the dock, including mechanical load levelers, trailer locks, curtains, bollards, and status lights at each dock door. All loading is covered by canopies. Both buildings have storefront offices with abundant parking and/or yard area. The Yard area is well-lit and inherently secure, with access to the site. There is a monument sign, and signage is available on both buildings.

FOR SALE DETAILS

PRICE

$21,500,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tigard Distribution Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

28 Ft

DOCKS

8

DRIVE INS

1

PARKING SPACES

85

LAND DETAILS

LAND ACRES

2.49

LAND SF

108,464

ZONING

I-L

APN/PARCEL ID

R0458686

ASK ABOUT THIS PROPERTY

Stu Peterson, SIORMacadam Forbes, Inc.More Info
503-227-2500

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Stu Peterson, SIORMacadam Forbes, Inc.More Info
503-227-2500

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