8825 SW Canyon Rd - Restaurant FOR SALE


Portland, OR 97225- Cedar Hills
$394,000 USD
503-975-9301
8825 SW Canyon Rd, Portland, OR for Sale
$394,000 USD
Restaurant - FOR SALE
1/3
null | 7% Cap Rate

8825 SW Canyon Rd
Portland, OR 97225
Cedar Hills


HIGHLIGHTS

  • Highly visible single tenant net lease investment
  • Leased through January 2028 with one 7-year renewal and 3% annual increases
  • Tenant is very committed and has been at the location since 2007
  • Building was originally Portland's very first Dairy Queen location with lots of history

OVERVIEW

Net-Leased Retail Investment in Portland Committed Tenant | Highly Visible Location Building Size: ± 578 SF Sale Price: $394,000 ($683/SF) CAP Rate: 7.0% NOI: $27,600 Tenant: Canyon Grill

FOR SALE DETAILS

PRICE

$394,000 USD

PRICE/SF

$682 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Canyon Grill Investment Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

CS

APN/PARCEL ID

R0070096

ASK ABOUT THIS PROPERTY

Riley HendersonCapacity Commercial Group LLCMore Info
503-975-9301

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Riley HendersonCapacity Commercial Group LLCMore Info
503-975-9301

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