$4,200,000 USD
503-222-2655
HIGHLIGHTS
- Owner/User or Redevelopment Opportunity at Washington Square
- Lease Expires in January 2028 with No Options
- Adjacent 80,586 SF of Land Also Available for 3.05 AC of Development Land
- High Profile Site within Opportunity Zone
- Flexible Zoning Allows for Multifamily, Hospitality, Office and Retail
- Nearby Major Office Hubs such as Lincoln Center, Kruse Way, and the Sunset Corridor
OVERVIEW
Fully Leased Wells Fargo Pad at Washington Square
Owner/User Opportunity | Redevelopment with Income
Sale Price: $4,200,000
CAP Rate: 8.00%
Lease Expiration: 1/31/2028
Building: ±6,548 SF ($641/SF)
Gross Land Area: ±1.20 Acres (±52,272 SF $80/SF)
Max Height: 185 Feet
Property Zoning: Tigard MUC (Mixed Use Commercial)
FOR SALE DETAILS
PRICE
$4,200,000 USD
PRICE/SF
$543 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Wells Fargo Pad
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
0.29 AC
LAND SF
12,632 SF
ZONING
MUC
APN/PARCEL ID
R2188905
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503-222-2655
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503-222-2655
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