Seasoned tenant currently occupies all three office units and has recently given notice to vacate two units by May 5 and scheduled to vacate the balance by June 1 . Occupant is a counseling group. Please do not disturb occupants. Please call Mike Devlin at 503-901-5407 to arrange walk thru of premises interior.
Walk thrus available only Friday 8-9:30 am or after 5pm, all day Sunday and after 5pm on Monday due to nature of occupant's activities.
Suite A: Approx. 750 sf comprised of two large private offices, large reception area, kitchen and bathroom with shower.
Suite B: Approx. 750 sf consisting of small reception area, three large private office, restoom and access to adjacent single vehicle garage.
Suite C: 2nd floor office approx. 1,500 sf with large reception area, three large private offices, kitchen, restroom with shower, additional approx. 350 sf of useable loft area. Asking price: $695,000.
Existing occupant is currently holding over and paying $4,408/month rent on a gross lease basis. Current property taxes= $6,922/yr.
Excellent value per sq. ft: 3,000 sf @ $220/sq= $660,000 plus add garage/loft area of approx. 500 sf @$100/sf= $50,000 for a total of $710,000