8135 NE MLK Jr Blvd presents a rare opportunity to acquire a fully leased industrial investment property in Portland, Oregon. The 25,150 SF building sits on 1.19 acres and is 100% occupied by two industrial tenants and a billboard tenant, providing immediate in-place income with a reported NOI of $99,000. Originally constructed in 1939 and extensively renovated and expanded in the early 2000s, the property features approximately 21,045 SF of warehouse space, 4,105 SF of office space, five grade-level loading doors, and 13.5-foot clear heights. A significant value-add opportunity exists through future rent growth, with the primary tenant operating under below-market rental rates through January 2031. The site also benefits from approximately 25,000 SF of excess yard and parking area, a highly sought-after feature in the Portland industrial market. Located near the intersection of MLK Jr Blvd and Columbia Blvd, the property offers convenient access to I-5, downtown Portland, Vancouver, and PDX Airport.